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.
At 9.26 am, Sensex traded at 59,557.48 points, up 528.57 points or 0.90 per cent, whereas Nifty traded at 17,770.00 points, up 145.60 points or 0.83 per cent.
The broader Nifty 50 of the National Stock Exchange closed 31.20 points or 0.18 per cent down at 17,624.40 points.
At 9.39 am, Sensex traded at 59,259.10 points, up 13.12 points or 0.022 per cent, whereas Nifty traded at 17,671.65 points, up 5.85 points or 0.033 per cent.
The 30 stock S&P BSE Sensex closed 36.74 points or 0.06 per cent higher at 58,803.33 points against its previous day's close at 58,766.59 points.
At 9.18 a.m., Sensex traded at 59,380.92 points, up 295.49 points or 0.50 per cent, whereas Nifty traded at 17,684.25 points, up 79.30 points or 0.45 per cent.