In today's stock market update, the Sensex witnessed a significant decline of 1,048.31 points, marking a 1.43% decrease and settling at 72,080.46. The Nifty also experienced a downturn, slipping 291.20 points or 1.32% to reach 21,741.10. Notably, the banking sector led the losses, plummeting nearly 3%, while auto, metal, and realty sectors each saw a 1% decline.
The Information Technology sector stood as the sole gainer amidst the downturn. The market sentiment was reflected in the ratio of advancing to declining shares, with 1221 advancing, 1904 declining, and 65 unchanged.