Market witness sharp rebound; Sensex, Nifty end flat
Market witnessed on Wednesday sharp rebound amid buying in heavyweights and IT, oil and gas, FMCG stocks.
Market witnessed on Wednesday sharp rebound amid buying in heavyweights and IT, oil and gas, FMCG stocks.
At close, the Sensex was up 234.12 points or 0.30% at 78,199.11, and the Nifty was up 91.85 points or 0.39% at 23,707.90.
At close, the Sensex was down 720.60 points or 0.90 per cent at 79,223.11, and the Nifty was down 183.90 points or 0.76 per cent at 24,004.75.
The domestic benchmark indices opened lower on Tuesday as selling was seen in IT, realty, auto, financial service, FMCG, media and private bank sectors on Nifty.
The stock market ended higher on Friday, driven by gains. The domestic market witnessed low volatility in the absence of fresh triggers and traded on a positive note throughout the session.
This week, the Nifty surpassed the 25,000 mark for the first time ever and Sensex broke the psychological 82,000 mark.
Sensex closed at 81,867.55, up 126 points, or 0.15%. The index hit its fresh all-time high of 82,129.49.
The Sensex closed 0.35% higher at 81,455.4, 285.94 points above opening price. The index traded between 81,828.04 and 81,434.32.
Sensex opened at 81,349.28 against its previous close of 81,355.84 and settled 100 points, or 0.12%, higher at 81,455.40.
Indian stock market indices opened with gains on Monday following the global rally. On the National Stock Exchange, the Nifty 50 index opened at 24,943.30, up by 108.45 points or 0.44 per cent, while the BSE Sensex gained 346.93 points or 0.43 per cent to reach 81,679.65 points.