Mumbai: India’s benchmark stock index, the BSE SENSEX, faced intense selling pressure during trading hours on Thursday, April 4th. The index experienced a significant downturn, reflecting bearish sentiment in the market.
As of 3:03 PM IST, the SENSEX was trading sharply lower at 75,334.15. This represents a substantial drop of 961.21 points, translating to a decline of 1.26% for the day compared to its previous close.
The intraday chart clearly illustrates the downward momentum. After opening the session at 76,160.09, below the previous close of 76,295.36, the index struggled to gain traction. It hit a day’s high of 76,258.12 but soon reversed course. The decline intensified throughout the session, pushing the index to a low of 75,240.55 before seeing a marginal pullback.
This sharp fall places the current index level considerably below its 52-week high of 85,978.25, although it remains well above the 52-week low mark of 70,234.43. Investors and traders are closely monitoring the market movements as the trading day progresses.
