Stock Market LIVE: HDFC Bank, Tata Motors pull Sensex down 450 pts;

Stock Market LIVE updates today, August 13, 2024: In the broader markets, the BSE MidCap index slipped 0.31 per cent, and the BSE SmallCap index fell 0.34 per cent

Stock Market LIVE updates today, Tuesday, August 13, 2024: Indian benchmark indices, the BSE Sensex and NSE Nifty50 were trading lower on Tuesday. 

The Sensex index was quoting at 79,319, down over 300 points, while the Nifty50 index was at 24,244, down 103 points or 0.42 per cent. 

HDFC Bank was the top laggard on the Sensex, down 3 per cent, after the latest MSCI rebalancing announcement said the weight of the lender would be increased in two tranches against expectations of one single push. 

On the filip side, Titan, Sun Pharma and HCL Tech were the top gainers on Sensex.

In the broader markets, the BSE MidCap index slipped 0.31 per cent, and the BSE SmallCap index fell 0.34 per cent. 

Among sectors, the Nifty Financial Services, Nifty Realty and Nifty Private Bank index were down up to 1 per cent, while Nifty Consumer Durable index was up by 1.7 per cent. 

MSCI Rebalance: August review

Shares of RVNL, Vodafone Idea, Dixon Technologies, Oil India, Prestige Estates, Oracle Financial and Zydus Lifesciences will be included in the MSCI India Index as part of the latest rejig.

Bandhan Bank is the only Indian stock that will be excluded from the index.