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 the close, the Sensex rose 426.86 points, or 0.51%, at 84,818.13, while the Nifty was up 140.55 points, or 0.55%, at 25,898.55.
At close, the Sensex was down 275.01 points, or 0.32%, at 84,391.27, while the Nifty declined 81.65 points, or 0.32%, to settle at 25,758.
The mid- and small-cap segments erased losses and ended higher, outperforming the benchmarks. The BSE Midcap index ended 0.60% higher, while the Smallcap index jumped 1.27%.
At close, the Sensex was down 609.68 points or 0.71% at 85,102.69, and the Nifty was down 225.90 points or 0.86% at 25,960.55. BSE midcap index shed 1.7% and smallcap index declined 2.2%.
At close, Sensex ended the day with a healthy gain of 447 points, or 0.52%, at 85,712.37, while the Nifty 50 settled at 26,186.45, up 153 points, or 0.59%.
