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.
Sensex and Nifty traded largely steady at 61,762.64 points and 18,362.75 points this morning, respectively.
The BSE IT was up 3.58 per cent to 1026.63 level with Mindtree, Infy, Latent View, LTI, Birla Soft as most active ones in the index.
Sensex was down 477.63 points or 0.78 percent, trading at 60,555.92 points, while the Nifty was down 134.30 points or 0.74 percent, at 18,022.70 points.
Nifty traded at 18,231.55 points, up 28.75 points or 0.16 percent, the Sensex opened at 61,278.82 points, up 93.67 points or 0.15 percent.
Nifty traded at 18,202.80 points, up 85.65 points or 0.47 percent, while the Sensex closed at 61,185.15 points, up 234.79 points or 0.39 percent.
