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.
Powergrid, NTPC, Cipla, UPL, and Divislab were among the NSE's gainers during Wednesday's morning trade, while Hindalco, Tata Steel, ONGC, Infosys, and TCS were among the losers.
Tata Motors, Hindalco, ONGC, JSW Steel, and Tata Steel were among the Nifty 50's gainers during the morning trade, while Sun Pharma, Cipla, and Dr. Reddy were among the losers.
Adani Enterprises, Mahindra, Hindalco, HDFC Bank, and Tata Motors were among the Nifty's most active stocks, while Dr. Reddy, Bharti Airtel, Bajaj Auto, Cipla, and SBI Life were among the index's laggards.
At 9.30 am on Friday, the S&P BSE Sensex was down 376 points at 60,450, while the NSE Nifty was down 115 points at 17,995.45.
On the index Nifty 50, Apollo Hospital, HCL Tech, UPL, HDFC Life and Hindalco were in the green while Dr Reddy's, Bharti Airtel and L and T were some of the stocks which were trading in negative.
