Market ends with no change in muted session
At close, Sensex was up 10.31 points or 0.01% at 74,612.43, and the Nifty was down 2.50 points or 0.01% at 22,545.05.
At close, Sensex was up 10.31 points or 0.01% at 74,612.43, and the Nifty was down 2.50 points or 0.01% at 22,545.05.
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.
This was the fifth day of decline for the benchmarks when Nifty50 was down nearly 1 per cent or 216 points at 22,488 while Sensex dropped 0.8 per cent or 617 points to 73,885.
Indian equity benchmarks opened in red on Wednesday following negative global cues from Asian peers.
Sensex opened at 75,585.40, and finally closed with a loss of 220 points, or 0.29 per cent, at 75,170.45.
FPIs have offloaded Indian equities worth more than Rs 22,000 crore this month so far.
Nifty 50 opened higher at 22,614.10, and sustaining a consistent rally climbed to an all-time high of 22,993.60. However, at close, the Nifty 50 was at 22,967.65, up 369.85 points, or 1.64 per cent.
