Stock Market Crash Today: Sensex closes 1312 pts lower, Nifty below 23850 - Why share market fell today | Closing Bell

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Stock Market Today: Stock markets tumbled on Monday amid rising crude oil prices after the US and Iran failed to reach a peace deal to end the West Asia war. US President Donald Trump has dismissed Iran's response to the latest US peace proposal as 'totally unacceptable', dampening hopes of an immediate diplomatic breakthrough.

Stock Market Today May 11

On May 11, the 30-share BSE benchmark Sensex crashed 1312.91 points or 1.70 per cent to close at 76,015.28. The NSE Nifty went down by 360.30 points or 1.49 per cent to close at 23,815.85.

Nifty 50 declines for 3rd consecutive session closes near 23800 marks
Top performer – Tata Consumer and Max Healthcare Institute
Worst Performer – Titan and Interglobe
Around 40 of the total nifty 50 constituents close in red
Nifty Bank closes in red for the 2nd consecutive session, loses around 1.5%
Mainly dragged by SBI and Canara
Nifty Midcap closes in red for the 2nd consecutive session, loses around 1%
Nifty Smallcap, snaps 5 day gaining session, closes near 18700 mark, loses around 0.9%
BSE listed cos eroded MCAP of Rs 6 lk cr
Nifty Pharma top sectoral gainer closes in slight green up over 0.2%
Mainly led by Abbott India and Laurus Labs
NIFTY FMCG closes flat
Nifty IT closes in slight red Oracle Financial Services was the worst performer
Nifty Metal closes in red for 2nd consecutive session losing over ~1%, Steel Authority of India and Nalco drags the index
Nifty Energy loses over 1.8%, closes in red for 2nd consecutive session dragged by Gujarat State Petronet and ABB
Nifty Auto closes in red for 2nd consecutive session, loses around ~1.9%, mainly dragged by Ashok Leyland and Tata Motors PV
Nifty PSU Bank declines for the 3rd consecutive session, losses over 2.5%, SBI and Canara Bank drags the index
Nifty Realty, top sectoral loser, closes in red for 2nd consecutive session, loses around ~3%, Godrej Properties and Oberoi are the top losers, all constituents closes in red

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 4,110.60 crore on Friday, according to exchange data.

On Friday, the Sensex tanked 516.33 points or 0.66 per cent to settle at 77,328.19. The Nifty dropped 150.50 points or 0.62 per cent to end at 24,176.15.

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