Stock market ends five-day winning streak
At close, Sensex was down 609.28 points, or 0.82%, at 73,730.16. Meanwhile, Nifty opened higher at 22,620.40 and touched a low of 22,419.90 in intraday trades.
At close, Sensex was down 609.28 points, or 0.82%, at 73,730.16. Meanwhile, Nifty opened higher at 22,620.40 and touched a low of 22,419.90 in intraday trades.
Sensex closed 487 points, or 0.66%, higher at 74,339.44 while the Nifty closed the day with a gain of 168 points, or 0.75%, at 22,570.35 on the monthly F&O expiry day.
On the BSE Sensex, 13 of the 30 stocks ended in the red with TCS, Tech Mahindra, Maruti Suzuki India, Reliance Industries, and Titan were the top drags for the day. JSW Steel, Tata Steel, Power Grid Corp., Kotak Mahindra Bank, and UltraTech Cement, were the top gainers.
Sensex was up 599.34 points, or 0.83 per cent at 73,088.33, while the Nifty was up 151.20 points or 0.69 per cent at 22,147.
BSE Sensex is trading at 72,099 points, down 389 points on Friday as domestic equities continued their losing spree amid escalation in Middle East tensions.
Earlier in the day, the company’s scrip advanced 14.89 per cent to Rs 4.55 on the BSE.
At the time of reporting, the S&P BSE Sensex was trading at 30,555.67 lower by 1,092 points from the previous close of 31,648.
The stock markets reacted to the news and rallied to make some severe gains, thus leaving the benchmark S&P BSE Sensex to end at 32,588.72 up by 986 points.
The Sensex closed down by 469.60 points at 30,690.02, while the NSE benchmark Nifty ended at 8,993.85, low by 118.05 points.
1. Indian markets will remain closed on Tuesday for Ambedkar Jayanti. 2. Monday's trade, Indian markets also felt the pressure of subdued global equities reeling under the coronavirus crisis. 3. In the broader market, BSE midcap and smallcap fell up to 0.93 per cent.