Brief by Shorts91 Newsdesk / 09:42am on 13 Jan 2025,Monday Business
The Indian stock market faced a sharp decline on Monday, January 13, with Sensex tumbling 677 points (0.88%) to 76,701.69 and Nifty dropping 213 points (0.91%) to 23,218.60. Real estate, financial services, and consumer durables sectors led the losses, while Zomato (-2.86%), Mahindra & Mahindra (-2.13%), and Power Grid (-2.07%) emerged as top losers. The rupee reached an all-time low of ₹86.35 per dollar, driven by a rally in the US dollar following positive jobs data. IndusInd Bank and Axis Bank were the only Sensex gainers, rising 2.05% and 0.44%, respectively. All sectoral indices closed in the red.
