Stock Market ends in the red; Sensex loses 500 points
The Indian stock market ended in the red on Tuesday, with the Nifty falling below the 23,900-mark and the Sensex dropping nearly 500 points.
Ahead of the Assembly polls results, BSE Sensex closed higher by 17 points on Friday while the Nifty 50 rose by 8 points to 8,935.
The markets firmed up following investors' positive reactions to the exit polls result.
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At around 2.30 pm, the BSE Sensex traded lower by 34 points, or 0.12 per cent, to 28,895, while the Nifty 50 falls 11 points, or 0.12 per cent, to 8,916.
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In the morning, the Sensex climbed over 146 points in opening trade on heavy fund inflows. While Nifty rose 48.70 points, the gauge gained 27.19 points.
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