Stock Market ends in the red; Sensex loses 500 points
The Indian stock market ended in the red on Tuesday, with the Nifty falling below the 23,900-mark and the Sensex dropping nearly 500 points.
The Indian stock market ended in the red on Tuesday, with the Nifty falling below the 23,900-mark and the Sensex dropping nearly 500 points.
The Indian Stock Market on Monday rallied sharply supported by a steep fall in crude oil prices.
The Indian equity markets posted mild gains early on Friday tracking positive global cues, over optimism regarding US-Iran peace negotiations.
The recent Gulf War has unsettled global energy markets, disrupted shipping routes, and shaken investor confidence.
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 BSE IT was up 3.58 per cent to 1026.63 level with Mindtree, Infy, Latent View, LTI, Birla Soft as most active ones in the index.
Sensex was down 477.63 points or 0.78 percent, trading at 60,555.92 points, while the Nifty was down 134.30 points or 0.74 percent, at 18,022.70 points.
Nifty traded at 18,231.55 points, up 28.75 points or 0.16 percent, the Sensex opened at 61,278.82 points, up 93.67 points or 0.15 percent.
Nifty traded at 18,202.80 points, up 85.65 points or 0.47 percent, while the Sensex closed at 61,185.15 points, up 234.79 points or 0.39 percent.
Sensex was down 14.99 points, or 0.025 percent, at 9.42 am, while the Nifty was up just 1.60 points, or 0.0089 percent, at 18,054.30 points.
