Stock market bounces back; banks, metals shine
Sensex was up 599.34 points, or 0.83 per cent at 73,088.33, while the Nifty was up 151.20 points or 0.69 per cent at 22,147.
Sensex was up 599.34 points, or 0.83 per cent at 73,088.33, while the Nifty was up 151.20 points or 0.69 per cent at 22,147.
BSE Sensex is trading at 72,099 points, down 389 points on Friday as domestic equities continued their losing spree amid escalation in Middle East tensions.
The BSE Sensex is up 42 points and trading at 72,986 points on Thursday. However, tensions in the Middle East and a hawkish stance by the US Fed are likely to weigh on the stock markets, say analysts.
BSE Sensex is down by more than 300 points on Tuesday as geopolitical factors continue to weigh on the markets.
This is for the first time ever that the market capitalisation of BSE-listed companies has gone past the coveted Rs 400 trillion mark.
At 1152 hours the BSE Sensex plunged 67.63or 0.17 per cent at 39,230.75, while Nifty fell 23.75 points or 0.20 per cent 11,638.10points.
The financial markets will resume on Tuesday.
During the trading session, S&P BSE Sensex index rose as much as 309 points to hit 39,361.06.
The Sensex rose as 178.74 or 178.74 per cent to touch 39,230.80 at 1216 hours. Similarly, NSE Nifty moved 46.60 or 0.40% to reach 11,632.95.
Sensex rose around 103.9 points to 38,702.89 and the NSE Nifty rose 16.9 points to 11,480.90 in the early minutes of the trading.