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.
Indices tracked positive global markets amid rising expectations of a rate cut by the Federal Reserve in its December policy meeting.
At close, the Sensex was down 313.70 points or 0.37% at 84,587.01, and the Nifty was down 74.70 points or 0.29% at 25,884.80.
At close, Sensex was down 331.21 points or 0.39% at 84,900.71, while the Nifty 50 closed down 108.65 points or 0.42% at 25,959.50.
At the close, the Sensex was down 400.76 points, or 0.47%, at 85,231.92, and the Nifty was down 124 points, or 0.47%, at 26,068.15.
At the close, the Sensex was up 446.21 points, or 0.52 percent, at 85,632.68, and the Nifty was up 139.50 points, or 0.54 percent, at 26,192.15.
