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.
The key Indian equity indices on Monday plunged 561.42 points as soon as it opened as counting trends in the Gujarat Assembly elections showed the Congress giving a tough fight to the ruling BJP.
The 30-scrip Sensitive Index (Sensex) traded at 561.42 points or 1.68 per cent lower soon after opening.
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The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading 217.30 points or 2.10 per cent lower at 10,115.95 points.
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The Sensex of the BSE, which opened at 33,364.52 points, was trading at 32,901.55 points (at 9.15 a.m.), lower 561.42 points or 1.68 per cent from the previous day’s close at 33,462.97 points.
The Sensex touched a high of 33,364.52 points and a low of 32,901.55 points in the trade so far.
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