Bears take charge of market amid selling in IT, Pharma & Banking
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.
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.
Benchmark indices closed with little change on Thursday in yet another volatile session, with the Nifty at 23,750 led by auto, pharma, energy stocks. At close, the Sensex was down 0.39 points at 78,472.48, and the Nifty was up 22.55 points or at 23,750.20.
The Nifty 50 closed 0.11% lower, settling at 23,727, while the Sensex ended with a minor 0.09% drop at 78,472.
At 9.46 am, Rupee appreciated marginally from the previous day's close to trade at 82.288 per US dollar.
Among the Nifty 50 stocks, 41 declined and the rest 9 advanced this morning, National Stock Exchange data showed.
At 9.33 am, Sensex traded at 57,859.41 points, down 131.70 points or 0.23 per cent, whereas Nifty traded at 17,201.15 points, down 39.85 points or 0.23 per cent.
Paytm, Starhealth and Ambuja Cements. The laggards were Bajaj Finance, Adani Ports, Asian Paints and HDFC Bank on the 30-share index.
The 30 stock S&P BSE Sensex ended the day at 58,191.29 points, which is 30.81 points or 0.05 per cent lower than its previous day's close at 58,222.10 points.
