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 end of the trading session today, BSE Sensex settled at 84,363.37, rising 411.18 points or 0.49 per cent while NSE Nifty50 stood at 25,843.15, up by 133.3 points or 0.52 per cent.
The climb in the indices led by buying in autos, consumer durables, FMCG, and banking heavyweights.
At close, the Sensex was up 862.23 points or 1.04% at 83,467.66, and the Nifty was up 261.75 points or 1.03% at 25,585.30.
At close, the Sensex was up 575.45 points or 0.70% at 82,605.43, and the Nifty was up 178.05 points or 0.71% at 25,323.55.
At close, the Sensex was down 297.07 points or 0.36% at 82,029.98, and the Nifty was down 81.85 points or 0.32% at 25,145.50.