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.
Sensex opened at a record high of 77,543.22, and closed at 77,337.59, up 36.45 points, or 0.05 per cent.
Indian equity markets gave stellar returns in the first six months of 2024.
The stock market continued its record run for a second consecutive session on Wednesday, dominated by the media, oil and gas, and banking stocks.
Sensex opened at a record high of 77,543.22, and closed at 77,337.59, up 36.45 points, or 0.05%.
Markets were open for four trading sessions in the previous week as there was a trading holiday on Monday.