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 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.
Sensex closed 598 points, or 0.74 per cent, higher at 80,845.75, with 25 stocks in the green while the Nifty 50 closed 181 points, or 0.75 per cent, up at 24,457.15.
At close, the Sensex was up 445.29 points or 0.59% at 80,248.08, and the Nifty was up 144.90 points or 0.6% at 24,276.
At close, the Sensex was up 759.05 points or 0.96% at 79,802.79, and the Nifty was up 216.90 points or 0.91% at 24,131.10.
At close, Sensex was down 1,190.34 points or 1.48 per cent at 79,043.74, and the Nifty was down 360.70 points or 1.49 % at 23,914.20.