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.
At close, Sensex plunged over 1,709.58 points at 28,869.51. It had opened at 30,968.84 and touched an intra-day high of 31,101.77 earlier in the day.
According to trade analysts, the domestic markets continue to suffer as the Coronavirus pandemic is effecting the global economy deeply.
Meanwhile, the global markets continued to be under threat of the spread of Coronavirus, impacting the world economy. The epidemic has raised fears of a global recession with uncertainties over the proportions of the economic fallout, as countries around the world grapple with how to contain the outbreak.
Major laggards were led by SBI that slipped by 13.27 per cent, followed by ONGC, Axis Bank, Tata Motors and ITC.
At 2.40 p.m., the index was trading at 32,537.45, lower by 3,159.95 points or 8.85 per cent from the previous close. So far it has touched an intra-day low of 32,530.05 points.