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 930.55 points or 1.15% at 80,220.72, and the Nifty was down 309.00 points or 1.25% at 24,472.10.
At close, the Sensex was down 73.48 points or 0.09 per cent at 81,151.27, and the Nifty was down 112.50 points or 0.45 per cent at 24,741.50.
The BSE Sensex closed 218.14 points higher to 81,224.75 on October 18 while NSE Nifty rose 104.20 points to 24,854.05.
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.
At close, the Sensex was down 318.76 points, or 0.39%, at 81,501.36, while the Nifty fell 86 points, or 0.34%, to 24,971.30.
