Sensex Dips 0.49% Amid Weak Market Breadth; Zuari Industries Soars Nearly 20%
The Indian stock market faced a downturn today, with the Sensex falling 221.58 points to close at 81,696.07, a 0.49% decline. Despite this drop, the index remains above its 50-day and 200-day moving averages, suggesting some underlying strength. The Realty sector was the hardest hit, declining by 2.64%, while only five sectors advanced. Notable stock movements included Zuari Industries, which surged nearly 20%, and Shankara Build, which plummeted 76.19%. Overall, the advance-decline ratio was negative, with significantly more stocks declining than advancing.
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