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.
The stock market on Thursday ended marginally higher, extending gains for a second session amid a volatile trade.
At the close, the Sensex was up 304.32 points, or 0.38%, at 80,539.91, while the Nifty rose 131.95 points, or 0.54%, to settle at 24,619.35.
At the close, the Sensex was down 368.49 points, or 0.46%, at 80,235.59, while the Nifty slipped 97.65 points, or 0.40%, to settle at 24,487.40.
Sensex closed 746.29 points or 0.93% higher at 80,604.08, and the Nifty ended 221.75 points or 0.91% higher at 24,585.05.
The stock market on Thursday erased all the intraday losses in the final hour of buying. Indices remained under pressure for the most part of the session.
