Market Reality
India's equity markets, long buoyed by strong economic growth and rising corporate earnings, are now facing a sharp and prolonged correction.
India's equity markets, long buoyed by strong economic growth and rising corporate earnings, are now facing a sharp and prolonged correction.
The stock market extended the losses to the fourth session on Wednesday and ended marginally lower in the highly volatile session. At close, the Sensex was down 28.21 points or 0.04% at 75,939.18, andthe Nifty was down 12.40 points or 0.05% at 22,932.90.
On the losing side were Indusind Bank (2.30%), Trent (1.94%), Ultratech Cement (1.58%), Bharat Electronics (1.57%), and Mahindra & Mahindra (1.48%).
At close, the Sensex was up 57.65 points or 0.08% at 75,996.86, and the Nifty was up 30.25 points or 0.13% at 22,959.50.
At close, Sensex was down 199 points or 0.3 per cent at 75,939, and the Nifty was down 102 points or 0.4 per cent at 22,929. About 642 shares advanced, 3,200 shares declined, and 73 shares were unchanged.
At close, the Sensex was down 426.85 points or 0.53% at 79,942.18, and the Nifty was down 126 points or 0.51% at 24,340.85.
At close, the Sensex was up 363.99 points or 0.45 per cent at 80,369.03, and the Nifty was up 127.60 points or 0.52 per cent at 24,466.80.
At close, the Sensex was up 602.75 points or 0.76 per cent at 80,005.04, and the Nifty was up 158.35 points or 0.65 per cent at 24,339.15.
Stock market faced a significant selloff on Friday with Sensex and Nifty dropping nearly 1 per cent. At close, the Sensex was down 662.87 points or 0.83 per cent at 79,402.29, and the Nifty was down 218.60 points or 0.90 per cent at 24,180.80.
At close, the Sensex was down 16.82 points or 0.02 per cent at 80,065.16, and the Nifty was down 36.10 points or 0.15 per cent at 24,399.40. Today marked the fourth consecutive day of losses for the indices.
