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.
On Nifty, the Adani Ports emerged as the top gainer rising 4.52%, Larsen & Toubro gained 4.02%, Hindalco Industries climbed 3.60 %, NTPC rose 3.35% and Reliance Industries by 3.30%.
Indian stock markets may look weak on the surface, but the current phase offers a strong buying opportunity for long-term investors, a report said on Wednesday.
Nifty was dragged near 24,600 in early trade and witnessed some recovery later. It ended in the red closing below 24,900.
At the close, the Sensex ended 27 points, or 0.03%, lower at 82,248.61, while the Nifty 50 was up by 14 points, or 0.06%, to settle at 25,496.55.
At the close, the Sensex was up 173.81 points, or 0.21%, at 83,450.96, while the Nifty was up 42.65 points, or 0.17%, at 25,725.40.
