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.
Morgan Stanley sees Indian equities entering a recovery phase with improving earnings and low valuations, projecting a sharp upside for Sensex over the next two years.
The benchmark equity indices, Sensex and Nifty, rallied sharply on Wednesday, settling nearly 4 percent higher.
Indian equities saw a strong rebound with broad-based buying across sectors, driven by easing geopolitical tensions, falling crude prices, and improving global investor sentiment.
The Indian stock market on Tuesday ended higher, extending its gains for the fourth consecutive session.
The Indian stock market on Monday ended with a gain of more than 1% in a volatile session, extending its gains for the third straight day.