Indian Stock Market fell nearly 1% today, biggest down in nearly 8 weeks.

The decline was due to the global selloff as a reaction to spread of COVID19 variants and concerns over economic slowdown in China.

Market was dragged by Bank, Metal and Pharma stocks.

IT sector closed marginally high.

• Midcap and Smallcap ended negative.
• 24 out of 30 stocks in Sensex ended negative.
• Rupee was at 74.71 per dollar.

Sensex – 52568.94 (-485.82) -0.92%.

Nifty – 15727.90 (-151.75) -0.96%.