Market closes lower due to losses in consumer stocks amid weak earnings
The stock market closed lower on Wednesday due to losses in consumer stocks amid weak earnings.
The stock market closed lower on Wednesday due to losses in consumer stocks amid weak earnings.
The benchmark indices surged 1.8 per cent on the back of strong gains in capital goods, banking, energy, and auto stocks on Tuesday.
Stock market fell on Monday amid losses in global markets as the US President Donald Trump announced new tariffs on key trading partners, including Canada, Mexico, and China.
Stock market closed higher on Friday, a day before the announcement of Budget, for the fourth consecutive session.
At close, Sensex was up 654 points or 0.9 per cent at 76,555 and Nifty was up 206 points or 0.9 per cent at 23,163.
Benchmark indices ended sharp recovering from the day's low in a highly volatile session, and ended strong led by auto, bank, telecom and FMCG names.
At close, the Sensex was up 16 points or 0.02% at 81,526, and the Nifty was up 32 points or 0.1% at 24,642.
At close, the Sensex was down 56.74 points or 0.07% at 81,709.12, and the Nifty was down 30.60 points or 0.12% at 24,677.80.
At close, Sensex surged 809 points, or 1 per cent, to 81,765.86, while Nifty climbed 240.95 points, or 1 per cent, to 24,708.40. Sensex opened at 81,182.74 against its previous close of 80,956.33 while Nifty 50 opened at 24,539.15 against its previous close of 24,467.45.
At close, the Sensex was up 110.58 points or 0.14% at 80,956.33, and the Nifty was up 10.30 points or 0.04% at 24,467.45.