Market fails to hold early gains; FMCG hits all-time high
At close, the Sensex was up 13.65 points or 0.02% at 81,711.76, while the Nifty was up 7.20 points or 0.03% at 25,017.80.
At close, the Sensex was up 13.65 points or 0.02% at 81,711.76, while the Nifty was up 7.20 points or 0.03% at 25,017.80.
Among the sectors, all indices ended with gains except Nifty PSU Bank (down 0.50%) and Media (down 0.22%).
At close, BSE Sensex was up 147.89 points, or 0.18% at 81,053.19, and the Nifty was up 41.30 points, or 0.17% at 24,811.50.
Nifty and Sensex settle in the green, recording gains for the fifth consecutive session.
The market opened marginally lower and extended the losses as the day progressed, dragging Nifty near 24,100 and Sensex below 79,000 amid selling across the sectors.
The India VIX rose over 2% to end at 16.6. The VIX measures market volatility and fluctuations.
India VIX, also known for assessing market anxiety, eased nearly 14% to just above 16.
The sharp decline reportedly wiped out nearly ₹17 lakh crore from the market capitalization of all listed companies on the Bombay Stock Exchange (BSE).
On the back of strong global cues, indices opened at fresh record high and extended the gains in the first half.
Sensex crossed 81,000 points for the first time to set a new record of 81,203 while Nifty 50 crossed 24,700 for the first time to hit a new all-time high of 24,746.