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.
BSE Sensex touched a fresh record high of 74,245.17 ending 33.40 points or 0.05 per cent higher at 74,119.39.
Sensex closed at a fresh all-time high of 74,151.27 while the Nifty 50 hit its record high of 22,497.20 during the session.
Sensex was down 195.16 points or 0.26 per cent at 73,677.13 while the Nifty was down 49.30 points or 0.22 per cent at 22,356.30.
Sensex hit record high and crossed the 73,700-mark. At close, the Sensex was up 1,245.05 points, or 1.72%, at 73,745.35, and the Nifty was up 356.00 points, or 1.62%, at 22,338.80.
The index closed at 22,213, down 5 points or 0.02 per cent while the BSE Sensex ended at 73,143, down 15 points or 0.02 per cent .
