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.
Sensex was down 45 points or 0.1 per cent at 73,466.39, and the Nifty 50 was up 4.50 points at 22,307.
At the close, Sensex was 17 points, or 0.02 per cent, higher at 73,895.54, while the Nifty 50 closed 33 points, 0.15 per cent , lower at 22,442.70.
The overall market capitalisation of BSE-listed firms dropped to nearly Rs 406.2 lakh crore from nearly Rs 408.5 lakh crore in the previous session.
Sensex closed with a gain of 128 points, or 0.17%, at 74,611.11 while the Nifty settled at 22,648.20, up 43 points, or 0.19%.
Sensex closed 189 points, or 0.25 per cent, lower at 74,482.78 while the Nifty 50 closed the day at 22,604.85, down 39 points, or 0.17 per cent.
