Market posted strong gains, most of Adani Group stocks recover
At close, the Sensex was up 1,961.32 points or 2.54% at 79,117.11, and the Nifty was up 557.35 points or 2.39% at 23,907.25.
At close, the Sensex was up 1,961.32 points or 2.54% at 79,117.11, and the Nifty was up 557.35 points or 2.39% at 23,907.25.
The Indian stock market, which saw a super rally on Tuesday, lost the steam towards the end amid heavy profit-booking, as fresh tensions between Ukraine and Russia came to light.
At close, the Sensex was down 820.97 points or 1.03% at 78,675.18, and the Nifty was down 257.80 points or 1.07% at 23,883.50.
At close, the Sensex was up 9.83 points or 0.01 per cent at 79,496.15, and the Nifty was down 6.90 points or 0.03 per cent at 24,141.30.
At close, the Sensex was down 55.47 points or 0.07 per cent at 79,486.32, and the Nifty was down 51.15 points or 0.21 per cent at 24,148.20 .Equities ignored positive global markets after the US Federal Reserve cut its benchmark lending rate by a quarter percentage point.
Sensex and Nifty 50 gained back all of the ground they had lost earlier and continued to rise due to encouraging trends in international stocks and new inflows of foreign money.
Nifty 50 index started at 24,320.05, down by 47.45 points or 0.19%, while the BSE Sensex saw a more significant drop, opening at 79,296.67, down by 409.24 points or 0.69%.
Sensex closed 820 points, or 1.04%, higher at 79,705.91, while the Nifty 50 ended with a gain of 251 points, or 1.04%, at 24,367.50.
Among the sectors, auto, bank and oil & gas were down 0.5% each, while IT, metal, realty up 0.3-0.8%.
Nifty 50 plunged 824 points, falling below 24,000 for the first time since late June, while Sensex dropped by 2,686 points to an intra-day low of 78,295.
