Stock market closes higher a day before Union Budget
Stock market closed higher on Friday, a day before the announcement of Budget, for the fourth consecutive session.
Stock market closed higher on Friday, a day before the announcement of Budget, for the fourth consecutive session.
At close, Sensex was up 654 points or 0.9 per cent at 76,555 and Nifty was up 206 points or 0.9 per cent at 23,163.
The stock market on Tuesday snapped two-day losing streak and gained 0.5 per cent supported by auto, realty and financials after the RBI announced liquidity-boosting measures.
At close, Sensex was down 824 points or 1 per cent at 75,366, and the Nifty was down 275 points or 1.2 per cent at 22,817.
At the close, the Sensex rose 566 points (0.75%) to 76,404, while the Nifty gained 130 points (0.57%) to finish at 23,155. Market breadth remained weak, with 1,110 stocks advancing, 2,677 declining, and 107 remaining unchanged.
BSE Midcap and smallcap indices were also down 4% each. All the sectoral indices are trading in the red with PSU Bank down 9%.
At close, the Sensex settled 76 points, or 0.10%, higher at 73,961.31 while the Nifty 50 closed 42 points, or 0.19%, up at 22,530.70.
This was the fifth day of decline for the benchmarks when Nifty50 was down nearly 1 per cent or 216 points at 22,488 while Sensex dropped 0.8 per cent or 617 points to 73,885.
Indian equity benchmarks opened in red on Wednesday following negative global cues from Asian peers.
Sensex opened at 75,585.40, and finally closed with a loss of 220 points, or 0.29 per cent, at 75,170.45.
