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 Midcap index ended with modest gains of 0.05%, while the Smallcap index fell 0.28%.
At close, the Sensex was down 533.50 points or 0.63% at 84,679.86, and the Nifty was down 167.20 points or 0.64% at 25,860.10.
At the close, the Sensex was down 54.30 points, or 0.06 per cent, at 85,213.36, while the Nifty declined 19.65 points, or 0.08 per cent, to settle at 26,027.30.
The overall market capitalisation of BSE-listed firms rose to over Rs 470 lakh crore from Rs 466.6 lakh crore in the previous session.
A murder complaint was lodged on Thursday at the Rajbari police outpost in Nazat in connection with the fatal crash that killed the younger son of key witness Bholanath Ghosh and the driver of his private car.
