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 close, the Sensex was down 150.68 points or 0.18% at 84,628.16, and the Nifty 50 was down 29.85 points or 0.11% at 25,936.20.
At close, the Sensex was up 566.96 points or 0.67% at 84,778.84, and the Nifty was up 170.9 points or 0.66% at 25,966.05.
Reliance Industries and Tata Consultancy Services emerged as the biggest gainers amid a positive trend in domestic equities.
At close, the Sensex was down 344.52 points or 0.41% at 84,211.88, and the Nifty was down 96.25 points or 0.37% at 25,795.15.
The stock market kicked off the Samvat 2082 on a cautious note on Tuesday, with Sensex and Nifty settling flat with a positive bias in a special Muhurat trading session in celebration of Diwali.
