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 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.