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 375.24 points, or 0.45%, at 82,259.24, and the Nifty declined 100.60 points, or 0.40%, to 25,111.45.
Benchmark indices ended flat on Wednesday after a range-bound day.
At close, the Sensex was up 317.45 points or 0.39% at 82,570.91, and the Nifty was up 113.50 points or 0.45% at 25,195.80.
At close, Sensex settled at 82,253.46, down 247 points, or 0.30%, while the Nifty 50 ended the day 68 points, or 0.27%, lower at 25,082.30.
The Nifty 50 index fell below the 25,200 level.