Market witness sharp rebound; Sensex, Nifty end flat
Market witnessed on Wednesday sharp rebound amid buying in heavyweights and IT, oil and gas, FMCG stocks.
Market witnessed on Wednesday sharp rebound amid buying in heavyweights and IT, oil and gas, FMCG stocks.
At close, the Sensex was up 234.12 points or 0.30% at 78,199.11, and the Nifty was up 91.85 points or 0.39% at 23,707.90.
In its latest note, the US-headquartered investment bank sees 18 per cent base case upside for the BSE Sensex by the December end.
At close, the Sensex was down 720.60 points or 0.90 per cent at 79,223.11, and the Nifty was down 183.90 points or 0.76 per cent at 24,004.75.
Benchmark indices on Thursday continued their winning streak with Nifty crossing 24,200, intraday. The performance was on the back of buying across the sectors led by auto stocks after December sales number.
BSE Sensex was 2.75 points down at 62,623.61 whereas the 50-share Nifty of NSE was 12 points down to 18,630 at 9.23 am in the morning.
Notably, this is the third straight session of fall after the indices had hit their fresh lifetime highs last week.
Sensex traded at 62,516.75 points, down 351.75 points or 0.56 per cent, whereas Nifty traded at 18,600.80 points, down 95.30 points or 0.51 per cent.
Sensex traded at 63,109.24 points, down 174.95 points or 0.28 per cent, whereas Nifty traded at 18,762.50 points, down 50.00 points or 0.27 per cent.
The Sensex of BSE touched a record high of 63,303.31 points after opening at 62,743.47 points and touched a low of 62,648.38 points. It had closed at 63,099.65 points, up by 417.81 points.
