Benchmark indices News
India Stock Market closed in green amid positive global cue.
Sensex closed 684 points higher to 57,919.
Earlier, stock market opened with a strong rebound amid festival season.
The 30-share BSE benchmark fell 262.73 points to 56,147.23 points in initial trades.
Similarly, the broader NSE Nifty dipped 70.4 points to 16,747.70 points.
The BSE benchmark fell 188.32 points or 0.33 per cent to settle at 56,409.96 points on Thursday.
Sensex and Nifty, slumped for the sixth consecutive session on Wednesday.
30 stock S&P BSE Sensex slumped 509.24 points or 0.89 per cent to 56,598.28 points.
NSE Nifty 50 slumped 148.80 points or 0.87 per cent to 16,858.60 points.
30-share BSE Sensex declined 319.3 points to 58,800.42 in initial trade.
NSE Nifty fell by 90.8 points to 17,539.
The international oil benchmark Brent crude declined 0.50 per cent to USD 90.02 per barrel.
Sensex, Nifty seen big fall post US Federal Reserve hiked interest rates.
Yesterday, US FED increased interest rate by 75 basis points.
Sensex closed at 59,073, Nifty at 17,629.
The benchmark indexes closed with the red mark on Wednesday.
Sensex slipped 263 points ahead of the US Federal Reserve’s monetary policy outcome.
Shree Cement, Adani Ports, Induslnd Bank and Powergrid had seen major decline.
Indian stocks started Wednesday`s trade on a negative.
Among the Nifty 50 companies, 31 declined.
Retail inflation was at 7.01 per cent in June.
Benchmark indices started the trade on a positive note on Tuesday.
The BSE Sensex climbed 320.69 points to 59,566.67 in early trade.
The NSE Nifty went higher by 98.85 points to 17,764.65.
In the last two sessions, Sensex and Nifty fell more than 3 percent.
On the Nifty50 index, Tata Steel, Bajaj Finserv, Titan, Asian Paints, and Tata Motors were the top gainers while UPL, Eicher Motors, Powergrid, ITC and Hero Moto led the losses.
It opened at 48,969.25 and has so far touched an intra-day high of 49,202.77 and a low of 48,699.91 points.
Stay tuned here for latest updates on of Indian markets, including BSE Sensex, NSE Nifty, Indian rupee and MCX gold.
The NSE Nifty on Tuesday breached briefly the historical 10,000 level but pared gains to close with minor losses as investors booked profits in IT, pharma, auto and oil and gas stocks after a strong rally fuelled by rate cut hopes and better financial results.
Stock markets likely to witness volatility amid derivatives expiry in a holiday-shortened week ahead, and the ongoing UP assembly elections will also continue to dominate sentiments, say experts.
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