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 market failed to hold onto the opening gains to end on a negative note on Tueday. Nifty finished below 25,100 dragged by auto, metal and pharma. At close, Sensex was down 152.93 points or 0.19% at 81,820.12, and the Nifty was down 70.70 points or 0.28% at 25,057.30.
At close, the Sensex was up 591.69 points or 0.73% at 81,973.05, and the Nifty was up 163.70 points or 0.66% at 25,128.
Indian frontline equity indices closed in the red on Wednesday as they erased gains in the last hour with Reliance, and Nestle shares pulling them lower.
At close, the Sensex was up 584.81 points or 0.72% at 81,634.81, and the Nifty was up 217.40 points or 0.88% at 25,013.20.
At close, the Sensex was down 638.45 points or 0.78% at 81,050, and the Nifty was down 218.80 points or 0.87% at 24,795.80.