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 fell 174 points to 61,119.75, while the NSE Nifty50 fell 56 points to 18,175.75.
On Tuesday morning, the laggards included JSL, Eureka Forbes, Triveni Turbine, Usha Mart, and Tatva Chintan Pharma.
Tata Steel, Hindalco, Tata Motors, JSW Steel, and Brittania were the most active stocks on the NSE among all the stocks that rose on Monday morning
The most active stocks on the NSE on Friday morning were Hindalco, Tech Mahindra, Bajaj Finance, Tata Motors, and Tata Steel
Powergrid, NTPC, Cipla, UPL, and Divislab were among the NSE's gainers during Wednesday's morning trade, while Hindalco, Tata Steel, ONGC, Infosys, and TCS were among the losers.