Benchmark indices snap five-day losing streak; Nifty ends near record high
The Sensex jumped 1,292.92 points, or 1.62%, to settle at 81,332.72. During the day, it soared 1,387.38 points, or 1.73%, to reach 81,427.18.
The Sensex jumped 1,292.92 points, or 1.62%, to settle at 81,332.72. During the day, it soared 1,387.38 points, or 1.73%, to reach 81,427.18.
Sensex closed 109 points, or 0.14%, lower at 80,039.80, while the Nifty 50 ended at 24,406.10, down 7 points, or 0.03%.
The benchmark indices ended flat on Monday stepping back from last week's record highs. FMCG clocked healthy gains as ITC, Hindustan Unilever and Nestle ended as the top three gainers on Sensex.
At close, the Sensex was up 0.56% at 79,476 and the Nifty was up 0.55% at 24,142.
Experts believed that the market is reeling in the clutches of bears ahead of the Lok Sabha election outcome.
Among the sectors, barring Nifty PSU Bank, all sectoral indices ended higher.
Sensex was down 45 points or 0.1 per cent at 73,466.39, and the Nifty 50 was up 4.50 points at 22,307.
Share.Market, a PhonePe product, on Monday announced the removal of onboarding charges of Rs 199, ensuring a seamless onboarding experience.
The Sensex of BSE on Wednesday had a dalliance with 62,000 points and closed at 61,980.72 points. The Sensex opened at 61,708.63 points which were also the day's lowest point. It touched a high of 62,052.57 points during the day.
At 9.57 am, Sensex traded at 61,782.52 points, down 90.47 points or 0.15 per cent, whereas Nifty traded at 18,380.55 points, down 22.85 points or 0.12 per cent. Notably, Sensex tasted a record high of 61,873 on Tuesday.