Stock Market closes in  red: Sensex- Nifty witness sharp declines

New Delhi, July 19: The stock market closed on a negative note on Friday, with the Sensex plunging 738.81 points to settle at 80,604.65 and the Nifty falling 275.25 points to close at 24,530.90.

Among the Nifty companies, only four saw advances while 46 registered declines, marking a broad-based sell-off.

Despite the negative close, the market has shown resilience over the past seven weeks, with both the Sensex and Nifty posting gains on a cumulative basis.