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.
Markets struggled to hold gains as global tensions and oil prices weighed on sentiment, while investors tracked FII selling trends and upcoming RBI policy signals for direction.
Markets slipped back into uncertainty after a short-lived rally, with rising oil prices and continued geopolitical tensions pushing investors to adopt a cautious stance early Thursday.
The Indian stock market on Monday continued its decline for the second consecutive session, with the Sensex plunging over 1,600 points and the Nifty slipping below the 22,350 mark.
Indian stock markets on Wednesday extended gains for the second consecutive session, with the Nifty closing above the 23,300 mark and the Sensex rising over 1,200 points. The rally was supported by broad-based buying across sectors as well as in the broader markets.
Markets gained momentum as falling crude prices and global cues lifted sentiment, but analysts remain cautious amid geopolitical uncertainty and warn the rally may face resistance ahead.
