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.
Tata Steel, Hindalco, Tata Motors, JSW Steel, and Brittania were the most active stocks on the NSE among all the stocks that rose on Monday morning
The most active stocks on the NSE on Friday morning were Hindalco, Tech Mahindra, Bajaj Finance, Tata Motors, and Tata Steel
Powergrid, NTPC, Cipla, UPL, and Divislab were among the NSE's gainers during Wednesday's morning trade, while Hindalco, Tata Steel, ONGC, Infosys, and TCS were among the losers.
Tata Motors, Hindalco, ONGC, JSW Steel, and Tata Steel were among the Nifty 50's gainers during the morning trade, while Sun Pharma, Cipla, and Dr. Reddy were among the losers.
Adani Enterprises, Mahindra, Hindalco, HDFC Bank, and Tata Motors were among the Nifty's most active stocks, while Dr. Reddy, Bharti Airtel, Bajaj Auto, Cipla, and SBI Life were among the index's laggards.