Market ends sharp recovering from low led by auto, bank, telecom & FMCG
Benchmark indices ended sharp recovering from the day's low in a highly volatile session, and ended strong led by auto, bank, telecom and FMCG names.
Benchmark indices ended sharp recovering from the day's low in a highly volatile session, and ended strong led by auto, bank, telecom and FMCG names.
Benchmark indices extended the losses on the third consecutive session amid selling across sectors barring Information Technology. At close, the Sensex was down 494.75 points or 0.61% at 81,006.61, and the Nifty was down 221.50 points or 0.89% at 24,749.80.
Sensex ended 808.65 points or 0.98% lower at 81,688.45 while the broader Nifty fell 200.25 points or 0.8% to 25,049.85.
Nifty 50 index fell by 0.50%, slipping below the 25,000 mark to close at 24,915 points while the Sensex declined by 0.53%, settling at 81.485 points.
At close, the Sensex was down 151.48 points or 0.18% at 82,201.16, and the Nifty was down 53.60 points or 0.21% at 25,145.10.
HDFC Bank shares ended with a loss of 4.50%, dragging the key indices most after the company's June-quarter business updates showed a sequential fall in advances and deposits.
Sensex opened at a record high of 77,543.22 and closed at 77,337.59, up 36.45 points, or 0.05%.
Among the sectors, barring Nifty PSU Bank, all sectoral indices ended higher.
Sensex and Nifty 50 rebounded into positive territory, with the Sensex closing 260 points, or 0.36%, higher at 72,664.47, and the Nifty 50 finishing 98 points, or 0.44%, up at 22,055.20.
Sensex closed 189 points, or 0.25 per cent, lower at 74,482.78 while the Nifty 50 closed the day at 22,604.85, down 39 points, or 0.17 per cent.
