{"id":30590,"date":"2024-12-17T16:56:44","date_gmt":"2024-12-17T11:26:44","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=30590"},"modified":"2025-07-08T11:19:32","modified_gmt":"2025-07-08T05:49:32","slug":"sensex-slumps-factors-behind-sensex-nifty-stock-market-fall","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/sensex-slumps-factors-behind-sensex-nifty-stock-market-fall\/","title":{"rendered":"Sensex Slumps Over 1.2%: Factors Behind Sensex\/Nifty Stock Market Fall? Live Updates"},"content":{"rendered":"<p><strong>Stock Market Today<\/strong>: At 3:15 PM, the BSE Sensex dropped by 1064 points or 1.30 per cent, while the Nifty 50 slumped over 332 points or by 1.35 per cent. Both benchmark Indian equity indices are trading lower due to mixed global consequences.&nbsp;<\/p><p>BSE Sensex dropped down to hit an intraday low of 80,612.20, and Nifty 50 fell down to a day low of 24,303.45. Despite the Indian stock market crash, the&nbsp; Chinese market shows its resilience by tanking over 1.5 per cent.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/sensex-slumps-factors-behind-sensex-nifty-stock-market-fall\/#Key_Factors_Behind_SensexNifty_Stock_Market_Fall\" title=\"Key Factors Behind Sensex\/Nifty Stock Market Fall\">Key Factors Behind Sensex\/Nifty Stock Market Fall<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/sensex-slumps-factors-behind-sensex-nifty-stock-market-fall\/#1_US_Federal_Policy\" title=\"1. US Federal Policy\">1. US Federal Policy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/sensex-slumps-factors-behind-sensex-nifty-stock-market-fall\/#2_FIIs_Selling_Pressure\" title=\"2. FIIs Selling Pressure\">2. FIIs Selling Pressure<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/sensex-slumps-factors-behind-sensex-nifty-stock-market-fall\/#3_Decline_in_Indian_Rupee\" title=\"3. Decline in Indian Rupee\">3. Decline in Indian Rupee<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/sensex-slumps-factors-behind-sensex-nifty-stock-market-fall\/#4_Selling_Pressure_in_Blue-Chip_Stocks\" title=\"4. Selling Pressure in Blue-Chip Stocks\">4. Selling Pressure in Blue-Chip Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/sensex-slumps-factors-behind-sensex-nifty-stock-market-fall\/#5_Surge_in_Trade_Deficit\" title=\"5. Surge in Trade Deficit\">5. Surge in Trade Deficit<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/sensex-slumps-factors-behind-sensex-nifty-stock-market-fall\/#Considerable_Points\" title=\"Considerable Points\">Considerable Points<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/sensex-slumps-factors-behind-sensex-nifty-stock-market-fall\/#Technical_Outlook\" title=\"Technical Outlook\">Technical Outlook<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Factors_Behind_SensexNifty_Stock_Market_Fall\"><\/span><strong>Key Factors Behind Sensex\/Nifty Stock Market Fall<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_US_Federal_Policy\"><\/span><strong>1. US Federal Policy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>After Friday\u2019s highly volatile session, the Indian stock market was waiting for the US Fed Meeting scheduled on 18th December 2024. The meeting was all about the economic projections. Stocks like Reliance Industries, HDFC Bank, and TCS kept the indices under pressure due to the&nbsp; US Federal Reserve\u2019s Policy meeting. The interest rate decision is still about to be announced, and investors are closely observing it to make an informed decision for further sessions.&nbsp;<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_FIIs_Selling_Pressure\"><\/span>2. <strong>FIIs Selling Pressure<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><ol start=\"2\" class=\"wp-block-list\"><\/ol><p>Another reason behind the 1.23 per cent fall in BSE Sensex was the lack of fresh buying from FIIs (Foreign Institutional Investors). Foreign investors sold down equities worth around Rs 280 crore today.&nbsp;<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_Decline_in_Indian_Rupee\"><\/span>3. <strong>Decline in Indian Rupee<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><ol start=\"3\" class=\"wp-block-list\"><\/ol><p>Heavy selling pressure in different sectors like FMCG, Information Technology, and finance and an increase in dollar price pressured the stock market to face this crash. Indian rupee hits an all-time low of 84.92 against one US dollar today. Anil Kumar Bhansali, Executive Director of Finrex Treasury Advisors LLP, acclaimed that increased gold buying is the reason behind the fall of the Indian rupee in non-deliverable forward markets.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4_Selling_Pressure_in_Blue-Chip_Stocks\"><\/span>4. <strong>Selling Pressure in Blue-Chip Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><ol start=\"4\" class=\"wp-block-list\"><\/ol><p>Among all the 30 stocks of the benchmark equity index, weighted stocks like Reliance Industries, HDFC Bank, L&amp;T, Nestle, Airtel, and JSW Steel have seen a major decline and pressurised BSE Sensex to record a day low of 80,612.20.&nbsp;<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_Surge_in_Trade_Deficit\"><\/span>5. <strong>Surge in Trade Deficit<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><ol start=\"5\" class=\"wp-block-list\"><\/ol><p>The trade deficit increased to $37.8 billion in November 2024, causing a severe decline in the Indian rupee. This decline tends to provide benefits to exporters but also increases the cost of operations for the country&#8217;s importers. The increase in India\u2019s trade deficit created a major decline in the stock prices of the companies involved in importing products and services from outside nations.&nbsp;<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Considerable_Points\"><\/span><strong>Considerable Points<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Despite today\u2019s crash, key indices like Nifty Midcap and Nifty Smallcap declined only by 0.68% and 0.57%. High selling in 29 out of 30 Sensex stocks caused this fall of over 1.2%. Moreover, the FMCG sector has witnessed a mixed trend as the prices of stocks, including Umang Diaries and LT Foods were increased by 6.94 per cent and 2.98 per cent. The trend indicated a selective buying for SME stocks in India.&nbsp;<\/p><p>Investors&#8217; concern was clearly visible due to the spike of India VIX by 7% intraday. The US Federal Policy decision is not only a single point of consideration for the investors. They are also eyeing other global points like China\u2019s loan prime rate (to be announced on 20th December 2024) and the Bank of Japan\u2019s policy review (to be announced on 19th December 2024).&nbsp;<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Technical_Outlook\"><\/span><strong>Technical Outlook<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Experts claimed that the Nifty 50 failed to sustain gains near its key resistance levels. A level of 24,770 will remain a major issue for investors, and its breakout will help the consolidation to continue further. The support level of Nifty 50 could be somewhere around 24,200 to 24,300.&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p>Stock Market Today: At 3:15 PM, the BSE Sensex dropped by 1064 points or 1.30 per cent, while the Nifty 50 slumped over 332 points or by 1.35 per cent. Both benchmark Indian equity indices are trading lower due to mixed global consequences.&nbsp; BSE Sensex dropped down to hit an intraday low of 80,612.20, and<\/p>\n","protected":false},"author":23,"featured_media":30591,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[1018,181,1019,1020],"class_list":["post-30590","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-nifty","tag-sensex-india","tag-stock-market","tag-stock-market-fall"],"metadata":{"_edit_lock":["1751953773:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"rank_math_primary_category":["842"],"rank_math_seo_score":["8"],"_thumbnail_id":["30591"],"_edit_last":["23"],"_ez-toc-disabled":[""],"_ez-toc-insert":[""],"_ez-toc-header-label":[""],"_ez-toc-alignment":["none"],"_ez-toc-heading-levels":["a:0:{}"],"_ez-toc-alttext":[""],"_ez-toc-visibility_hide_by_default":[""],"_ez-toc-hide_counter":[""],"_ez-toc-exclude":[""],"_ez-toc-position-specific":["before"],"stm_select_gm_zoom":[""],"stm_agenda":[""],"stm_host":[""],"stm_select_approved_denied":[""],"stm_multiselect_approved":[""],"stm_multiselect_denied":[""],"stm_date":[""],"stm_time":[""],"stm_timezone":[""],"stm_duration":[""],"stm_password":[""],"stm_waiting_room":[""],"stm_join_before_host":[""],"stm_host_join_start":[""],"stm_start_after_participants":[""],"stm_mute_participants":[""],"stm_enforce_login":[""],"stm_alternative_hosts":[""],"top_bar_custom_style":[""],"top_bar_bg":[""],"wc_top_bar_cart_custom_style":[""],"wc_top_bar_cart_color":[""],"wc_top_bar_cart_icon_color_hover":[""],"wc_top_bar_cart_counter_color":[""],"wc_top_bar_cart_counter_color_hover":[""],"wc_top_bar_cart_counter_bg":[""],"wc_top_bar_cart_counter_bg_hover":[""],"top_bar_wpml_switcher_custom_style":[""],"wpml_switcher_color":[""],"top_bar_wpml_switcher_bg":[""],"top_bar_wpml_switcher_bg_hover":[""],"top_bar_wpml_switcher_color_hover":[""],"top_bar_socials_custom_style":[""],"top_bar_socials_color":[""],"top_bar_socials_color_hover":[""],"top_bar_search_custom_style":[""],"top_bar_search_color":[""],"top_bar_search_icon_color_hover":[""],"top_bar_contact_info_style":[""],"top_bar_contact_info_color":[""],"top_bar_contact_info_link_color":[""],"top_bar_contact_info_link_color_hover":[""],"top_bar_contact_info_select_bg":[""],"top_bar_contact_info_select_color":[""],"top_bar_contact_info_select_drop_bg":[""],"top_bar_contact_info_select_items_bg":[""],"top_bar_contact_info_select_items_color":[""],"top_bar_contact_info_select_items_hover":[""],"header_inverse":["default"],"enable_header_transparent":["off"],"header_nav_custom_style":[""],"header_bg":[""],"header_shadow":[""],"wc_cart_custom_style":[""],"wc_cart_icon_color":[""],"wc_cart_icon_color_hover":[""],"wc_cart_counter_color":[""],"wc_cart_counter_color_hover":[""],"wc_cart_counter_bg":[""],"wc_cart_counter_bg_hover":[""],"header_wpml_switcher_custom_style":[""],"header_wpml_switcher_color":[""],"header_wpml_switcher_color_hover":[""],"header_wpml_switcher_bg":[""],"header_wpml_switcher_bg_hover":[""],"header_socials_custom_style":[""],"header_socials_color":[""],"header_socials_color_hover":[""],"header_search_custom_style":[""],"header_search_icon_color":[""],"header_search_icon_color_hover":[""],"header_contact_info_style":[""],"header_contact_info_color":[""],"header_contact_info_link_color":[""],"header_contact_info_link_color_hover":[""],"header_button_custom_style":[""],"header_button_color":[""],"header_button_color_hover":[""],"header_button_bg":[""],"header_button_bg_hover":[""],"header_nav_menu_customize":[""],"header_nav_menu_link_color":[""],"header_nav_menu_link_color_hover":[""],"header_nav_menu_link_color_active":[""],"header_nav_menu_link_arrow_color":[""],"header_nav_menu_link_arrow_color_hover":[""],"header_nav_menu_level_1_bg":[""],"header_nav_menu_level_1_link_color":[""],"header_nav_menu_level_1_link_color_hover":[""],"header_nav_menu_level_1_link_bg_hover":[""],"header_nav_menu_level_1_link_arrow_color":[""],"header_nav_menu_level_1_link_arrow_color_hover":[""],"header_nav_menu_level_2_bg":[""],"header_nav_menu_level_2_link_color":[""],"header_nav_menu_level_2_link_color_hover":[""],"header_nav_menu_level_2_link_bg_hover":[""],"header_mega_menu_bg":[""],"header_mega_menu_title_color":[""],"header_mega_menu_title_color_hover":[""],"header_mega_menu_description_color":[""],"header_mega_menu_description_link_color":[""],"header_mega_menu_description_link_color_hover":[""],"header_mega_menu_color":[""],"header_mega_menu_color_hover":[""],"header_mega_menu_border_color":[""],"header_mega_menu_icons_color":[""],"header_nav_menu_customize_end":[""],"hfe_enabled_notice":[""],"disable_title_box":["default"],"hfe_disabled":[""],"enable_transparent":["default"],"title_box_title_bg_color":[""],"title_box_bg_custom_image":["default"],"title_box_bg_image":[""],"title_box_bg_position":["default"],"metabox_title_box_bg_position_x":[""],"metabox_title_box_bg_position_y":[""],"metabox_title_box_bg_attachment":["default"],"title_box_bg_size":["default"],"metabox_title_box_bg_size_slider":[""],"title_box_bg_repeat":["default"],"disable_title":["default"],"title_box_title_color":[""],"title_box_title_line_color":[""],"disable_breadcrumbs":["default"],"metabox_title_box_breadcrumbs_color":[""],"metabox_title_box_links_color":[""],"metabox_title_box_links_color_hover":[""],"content_bg_transparent":[""],"show_popup_single":[""],"popups_single":[""],"popups_single_event":[""],"popup_single_event_open_delay":[""],"popup_single_event_showing_in":[""],"popup_single_event_date_from":[""],"popup_single_event_date_to":[""],"popup_single_event_time_from":[""],"popup_single_event_time_to":[""],"popup_single_animation":[""],"popup_single_responsive":[""],"separator_footer_copyright_border_t":[""],"name":[""],"email":[""],"phone":[""],"company":[""],"memberId":[""],"testimonial_position":[""],"testimonial_company":[""],"testimonial_bg_img":[""],"testimonial_video_url":[""],"popups_width":[""],"popups_height":[""],"popups_image_bg":[""],"popups_color_bg":[""],"popups_border_radius":[""],"popups_template":[""],"_wp_page_template":["default"],"rs_page_bg_color":[""],"rank_math_title":["Sensex Slumps Over 1.2%: Factors Behind Sensex Nifty Stock Market Fall"],"rank_math_description":["Live Updates Sensex Slumps Over 1.2%: Factors Behind Sensex\/Nifty Stock Market Fall?"],"rank_math_focus_keyword":["Sensex"],"rank_math_canonical_url":["https:\/\/univest.in\/blogs\/sensex-slumps-factors-behind-sensex-nifty-stock-market-fall"],"rank_math_analytic_object_id":["2199"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2024\/12\/17165412\/nifty-sensex.jpg","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/30590","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=30590"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/30590\/revisions"}],"predecessor-version":[{"id":30592,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/30590\/revisions\/30592"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/30591"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=30590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=30590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=30590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}