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.
Paytm, Starhealth and Ambuja Cements. The laggards were Bajaj Finance, Adani Ports, Asian Paints and HDFC Bank on the 30-share index.
BSE Bankex was down 0.63 per cent to 44,567 whereas BSE IT was 40 points. In the broader market
Maruti, Bharti Airtel, Reliance, Titan, Ultra Cement, HUL and Tata Steel whereas IndusInd Bank, Wipro, Infosys, Asian Paints, Mahindra, HDFC, NTPC, Kotak Bank, SBI were among the laggards on the 30-share index.
Sensex traded at 57,253.40 points, down 845.52 points or 1.46 per cent, whereas Nifty traded at 17,043.90 points, down 283.45 points or 1.64 per cent.
At 10.05 am, Sensex and Nifty traded in the 0.8-0.9 per cent range.