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 Trump tariff triggered selloff in IT, while pharma bucked the trend.
At close, Sensex was up 592.93 points or 0.78% at 76,617.44, and the Nifty was up 166.65 points or 0.72% at 23,332.35.
At close, Sensex was down 1,390.41 points or 1.80% at 76,024.51, and the Nifty was down 353.65 points or 1.50% at 23,165.70.
The benchmark indices ended lower on Friday, with auto and Information Technology stocks remaining under pressure amid concern over the upcoming US tariffs.
At close, Sensex was up 317.93 points or 0.41% at 77,606.43, and the Nifty was up 105.10 points or 0.45% at 23,591.95.
