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 73.80 points or 0.09% at 81,785.56, and the Nifty was up 34.50 points or 0.14% at 25,052.30.
NSE's benchmark Nifty advanced by 1.15 per cent, while BSE's benchmark Sensex gained 0.81 per cent, closing at 24,823.15 and 81,086.21 respectively.
Indian equity indices opened flat on Friday following mixed cues from global markets.
Indian equity indices were trading in the red on Wednesday iny market trends following mixed cues from Asian markets.
Sensex was down 12.16 points or 0.02% at 80,424.68, and the Nifty was up 31.50 points or 0.13% at 24,572.70.