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.
The top losers were NTPC (2.71 per cent), Hindustan Unilever (2.35 per cent), Hero Motocorp (2.01 per cent), Coal India (1.88 per cent), and Bharat Petroleum Corporation (1.72 per cent).
At close, the Sensex was up 16 points or 0.02% at 81,526, and the Nifty was up 32 points or 0.1% at 24,642.
At close, the Sensex was down 56.74 points or 0.07% at 81,709.12, and the Nifty was down 30.60 points or 0.12% at 24,677.80.
At close, Sensex surged 809 points, or 1 per cent, to 81,765.86, while Nifty climbed 240.95 points, or 1 per cent, to 24,708.40. Sensex opened at 81,182.74 against its previous close of 80,956.33 while Nifty 50 opened at 24,539.15 against its previous close of 24,467.45.
At close, the Sensex was up 110.58 points or 0.14% at 80,956.33, and the Nifty was up 10.30 points or 0.04% at 24,467.45.
