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 was down 519.34 points, or 0.62%, at 83,459.15, while the Nifty declined 165.70 points, or 0.64%, to end at 25,597.65. The BSE Midcap index fell 0.2%, and the Smallcap index shed 0.7%.
At close, the Sensex was up 39.78 points or 0.05% at 83,978.49, and the Nifty was up 41.25 points or 0.16% at 25,763.35.
At close, the Sensex was down 465.75 points or 0.55% at 83,938.71, and the Nifty was down 155.75 points or 0.60% at 25,722.10.
Sensex shed 593 points or 0.70% to end at 84,404 while Nifty 50 settled the day at 25,878, down 176 points or 0.68%.
At close, the Sensex was up 368.97 points or 0.44% at 84,997.13, and the Nifty was up 117.70 points or 0.45% at 26,053.90.