
Stock market sell-off: Sensex crashes 10,800 points from peak; Tata Motors, Asian Paints, IndusInd Bank lead losses
Live MintThe Indian stock market continued its downward trajectory for the fourth consecutive session on Friday, weighed down by weak global cues. Key Sensex Constituents Driving the Decline Several heavyweight stocks have significantly contributed to the Sensex's downturn in recent months: Tata Motors: Tata Motors share price has been the worst performer among Sensex constituents, declining over 36% in the past six months and trading 43% below its 52-week high. Asian Paints: Asian Paints stock price has dropped over 28% in the past six months and is currently down more than 34% from its 52-week high. Adani Ports & SEZ: The Adani Group stock has delivered negative returns of over 25% in six months and is trading 32% below its 52-week high. “If the Sensex closes below the crucial support level of 75,200, it could open the downside target of 70,234, which was the low recorded on June 4, 2024—the day of the Lok Sabha election results,” said Anshul Jain, Head of Research at Lakshmishree Investment and Securities.
History of this topic

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