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 Sensex opened at 60,158.76 points from its previous close of 59,885.36 points.
S&P BSE Sensex traded at 59,511.43 points, higher by 370.27 points or 0.63 per cent from its previous close. NSE Nifty50 traded higher. It rose to 17,727.70 points, higher by 98.20 points or 0.56 per cent from its previous close
The top gainers on the Sensex were Tata Steel, Bharti Airtel and Larsen & Toubro, while the only losers were Tech Mahindra and Nestle India
The top gainers on the Sensex were Reliance Industries, HCL Technologies, and Bajaj Finserv, while the major losers were Bharti Airtel, Power Grid, and Maruti Suzuki India.
The top gainers on the Sensex were TCS, HCL Technologies, and Nestle India, while the major losers were Titan Company, Bajaj Finserv, and Sun Pharmaceuticals.
