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.
At 9.39 am, the Sensex was down 67.11 points, or 0.11 percent, and the Nifty was down 18.10 points, or 0.100 percent, at 18,127.30.
The top five stcoks in green among the Nifty 50 equities this morning were Dr Reddy's, NTPC, Divi's Labs, Adani Enterprises, and Apollo Hospitals Enterprise.
Indian markets rallied on Monday with S&P BSE Sensex surging 786 points to 60,746.86 and NSE's Nifty50 rallying 224 points to close at 18,011.35 level.
At 9.35 am, the Sensex was up 581.64 points or 0.97 percent, trading at 60,541.49 points, while the Nifty was up 173.40 points or 0.97 percent, at 17,960.20 points.
Indian markets rallied on Friday as Sensex closed 203 points up at 59,959.85 and Nifty50 rallied 49 points to end at 17,786.80, picking up on mixed global cues. The rally in Indian stock indices continued as they jumped during nine out of the past 10 sessions.
