Stock Market ends in the red; rupee touches a record low
The Indian Stock Market ended lower on Friday amid weakness in select sectors while the Indian rupee also touched a record low, weighing on market sentiment.
The Indian Stock Market ended lower on Friday amid weakness in select sectors while the Indian rupee also touched a record low, weighing on market sentiment.
The bloodbath on Dalal Street on Tuesday continued with the benchmark indices, the BSE Sensex and the Nifty 50, declined for the fourth consecutive session amid mixed global cues.
Indian stock market declined on Friday amid rising crude oil prices and weak global market trends.
Indian Stock Market on Tuesday pared losses from previous session amid broad-based selling, led by financial, IT, and auto stocks.
Investors earned about Rs 6 lakh crore as the overall market capitalisation of BSE-listed firms rose to Rs 451 lakh crore from nearly Rs 445 lakh crore in the previous session.
Sensex traded at 60,316.99 points, up 224.02 points or 0.37 per cent, whereas Nifty was at 17,964.75 points, up 69.90 points or 0.39 per cent.
Sensex traded at 60,392.31 points or 131.13 points or 0.22 per cent, whereas Nifty traded at 17,975.90 points, up 19.30 points or 0.11 per cent.
BSE Sensex fell 176 points to 59,781.42 and the NSE Nifty 50 fell 55 points to 17,826.45 points.
Sensex was trading at 60,272.34 points, down 474.97 points or 0.78 percent, while Nifty was trading at 17,983.60 points, down 117.60 points or 0.65 percent
There had been a fourth consecutive hike of 75 basis points magnitude before the most recent increase of 50 basis points.