Market sees strong volatility, Sensex falls by 600 points

The stock market on March 4 witnessed volatility after three consecutive days of gains. The stock market lost ground, ending a three-day high.

The market has witnessed strong gains over the last three days. However, the market lost ground today due to negative global indications. The Sensex fell by 600 points.

Similarly, the Nifty ended 1.1 per cent lower at 15,080 points. The market witnessed strong volatility during trading. The Nifty, which had fallen to 14,980 during the session, rose to 15,202, but fell further to close at 15,080.

All sectors except Nifty Media Index lost ground. The Nifty Metal Index was down 2 per cent and the Banks Index was down 1.56 per cent. Metal stocks accounted for three of the four strongest Nifty stocks today. Bank Nifty fell 550 points to close below 36,000 points.

At the same time, midcap and smallcap stocks continued to perform differently from the Nifty. The Nifty Midcap Index was up 0.5 per cent and the Smallcap Index was up 1.2 per cent.
A total of 1,022 shares gained while 862 shares lost on the NSE.