BSE Sensex Takes a Hit: Index Dives Nearly 1,000 Points on April 4th Trading

Mumbai: The Indian stock market benchmark, the BSE SENSEX (INDEXBOM: SENSEX), experienced significant selling pressure during Thursday’s trading session. As of 3:03 PM IST on April 4th, the index was trading sharply lower at 75,334.15.

This marks a substantial decline of 961.21 points, or 1.26%, from the previous close. The downward trajectory was evident throughout the day’s trading, as indicated by the intraday chart.

The market opened the session lower at 76,160.09 compared to the previous close of 76,295.36. Although it briefly touched a high of 76,258.12 early in the session, the index failed to sustain momentum and steadily declined. The selling pressure intensified as the day progressed, pushing the SENSEX to a day’s low of 75,240.55 before recovering slightly to the level recorded mid-afternoon.

The day’s trading range highlights the volatility, spanning from a high of 76,258.12 to a low of 75,240.55. This significant drop puts the index further away from its recent highs.

While today’s performance is negative, looking at the broader picture, the SENSEX remains considerably above its 52-week low of 70,234.43. However, it is also trading well below its 52-week high of 85,978.25, indicating a pullback from peak levels. Market participants are closely watching the index movements as the trading session nears its close.