Mon Jan 06 12:05:15 IST 2025: ## Indian Stock Market Sees Sharp Reversal, Ends Day in the Red

**Mumbai, India** – India’s benchmark stock indices, the Sensex and Nifty, experienced a dramatic reversal on Monday, opening strongly only to plummet later in the day. While the Sensex initially surged 296.94 points to 79,520.05 and the Nifty gained 85.2 points to 24,089.95, the gains were short-lived.

By midday, the market had taken a sharp downturn. The Sensex was down over 1,200 points, trading at 77,984, representing a significant loss. Similarly, the Nifty fell nearly 400 points (1.4%), trading at 23,611.

While early gains saw strong performance from several blue-chip stocks including Bajaj Finance, Titan, Infosys, HCL Tech, Tata Consultancy Services, and Tech Mahindra, the afternoon saw a widespread sell-off. Notable laggards included Kotak Mahindra Bank, Tata Steel, Power Grid, and Asian Paints.

The market closed significantly lower than its opening, ending the day with the Sensex down 720.60 points (0.90%) at 79,223.11 and the Nifty down 183.90 points (0.76%) at 24,004.75, following a negative close on Friday. Analysts are currently assessing the reasons behind this market volatility.

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