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.
Benchmark indices closed higher for the day with auto, banking, pharma, and mid- and small-cap healthcare sectors performing well.
At close, the Sensex was up 349.05 points or 0.43 per cent at 82,134.61, and the Nifty was up 99.60 points or 0.40 per cent at 25,152.
At close, the Sensex was up 73.80 points or 0.09% at 81,785.56, and the Nifty was up 34.50 points or 0.14% at 25,052.30.
NSE's benchmark Nifty advanced by 1.15 per cent, while BSE's benchmark Sensex gained 0.81 per cent, closing at 24,823.15 and 81,086.21 respectively.
Sensex closed 33 points, or 0.04%, up at 81,086.21, while the Nifty 50 ended 12 points, or 0.05%, up at 24,823.15.
