Stock markets end in green; Nifty reclaims 24,000 mark
Indian stock markets on Wednesday ended with gains as the Nifty reclaimed the 24,000 mark, supported by strong buying in IT, realty, and banking stocks.
Indian stock markets on Wednesday ended with gains as the Nifty reclaimed the 24,000 mark, supported by strong buying in IT, realty, and banking stocks.
The Indian Stock Market on Monday rallied sharply supported by a steep fall in crude oil prices.
The Indian Stock Market on Wednesday ended higher after staging a sharp recovery from deep morning losses, supported by strong gains in select names.
Indian stock markets staged a sharp recovery to close in the green after falling as much as 1.3 per cent on an intraday basis.
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.
Financial and banking stocks led losses as rising crude prices and weak global cues dragged markets lower, wiping out recent gains and keeping investor sentiment cautious.
The Nifty Midcap and Smallcap indices declined 0.4% and 0.7%, respectively.
At the close, the Sensex fell 1,342.27 points, or 1.72%, to 76,863.71, while the Nifty dropped 394.75 points, or 1.63%, to 23,866.85.
At the close, the Sensex was up 639.82 points or 0.82% at 78,205.98, and the Nifty was up 233.55 points or 0.97% at 24,261.60.
Broader indices underperformed the main indices with Nifty Midcap and Smallcap indices shed 2 each. The market capitalisation of BSE-listed companies fell by more than Rs 8 lakh crore to Rs 441 lakh crore.