Nifty Below 24,400, Sensex Falls 200 Points; Adani, Tata Motors Lead Losses, Psu Banks Hit

The Indian banal marketplace closed successful nan reddish connected Tuesday, May 6, arsenic escalating tensions betwixt India and Pakistan weighed connected investor sentiment. The Sensex dropped 156 points to adjacent astatine 80,641, while nan Nifty 50 fell 82 points to 24,379.60. Mid-cap and small-cap stocks fared worse, pinch nan BSE Midcap scale losing 2.16% and nan Smallcap scale plunging 2.33%. As a result, investors saw astir ₹6 lakh crore wiped retired successful a azygous session, pinch nan marketplace capitalization of BSE-listed firms falling from ₹427 lakh crore to ₹421 lakh crore. Adani, Tata Motors, and PSU banks led nan losses.