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 settled 645 points, or 0.79%, down at 80,951.99, while the Nifty 50 closed 204 points, or 0.82%, lower at 24,609.70.
At close, Sensex was up 410.19 points, or 0.51%, at 81,596.63, and the Nifty was up 129.55 points, or 0.52%, at 24,813.45.
Nifty fell for the third consecutive session, shedding 261 points (1.05 per cent) to close at 24,683, while the BSE Sensex dropped 873 points (1.06 per cent) to 81,186.
The Indian stock market on Monday extended its losses for the second consecutive session, with the Sensex slipping over 250 points and the Nifty falling below the 25,000 mark.
At close, Sensex was down 200.15 points or 0.24 per cent at 82,330.59, and the Nifty was down 42.30 points or 0.17 per cent at 25,019.80.
