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.
S&P BSE Sensex gained 40 points to 61,378.29 whereas NSE Nifty 50 surged 19.75 to 18,288.75 level at 9.30 am on Monday.
In the last two consecutive months, India's wholesale inflation is in the single-digit.
The BSE 30-share Sensex declined 393 points to 61,787.77 levels and 50-share Nifty went down 112 points to 18,496.60 levels at 9.20 in the morning.
Sensex added 9 points to 62,579.47 level while Nifty added 12 points to 18,621.15 level.
, BSE Sensex was trading 32 points up at 62,443.67 while NSE Nifty was flat with 1.15 points up at 18,561.65 levels.
