Benchmark indices end with marginal gains, Nifty around 24,350 level
At close, the Sensex was up 259.75 points or 0.32 per cent at 80,501.99, and the Nifty was up 12.50 points or 0.05 per cent at 24,346.70.
At close, the Sensex was up 259.75 points or 0.32 per cent at 80,501.99, and the Nifty was up 12.50 points or 0.05 per cent at 24,346.70.
At close, the Sensex slipped 0.06%, or 46.14 points, to settle at 80,242.24, while the Nifty edged lower by 0.01%, or 1.75 points, to end at 24,334.20.
At close, the Sensex rose 70.01 points or 0.09% to 80,288.38, while the Nifty edged up 7.45 points or 0.03% to settle at 24,335.95.
The domestic benchmark indices opened higher on Tuesday amid positive cues from global markets, as buying was seen in the PSU bank, auto and IT sectors in the early trade.
At close, Sensex was up 1,005.84 points or 1.27% at 80,218.37 while Nifty was up 289.15 points or 1.20% at 24,328.50.
The maxim ‘truth is stranger than fiction’ plays out daily in our lives. On the one hand, tax collections, Sensex and sales of high-end vehicles are at record levels and people were seen queuing up to buy gold on Dhanteras but on the other, the subsidised ration scheme had to be extended for five years and the extraordinarily large number of people applying for work under MNREGA, resulted in budgeted funds getting exhausted by mid-year.
As the market unfolded, the benchmark Sensex experienced a dip of 120.45 points, commencing at 65,555.48.
The Sensex ended the special one-hour session up 355 points at 65,259 points.
Market history tells us that sharp up moves in the market happen at unexpected times. It appears that this truism is turning out to be true
The BSE Sensex is down by more than 800 points to fall below the 64,000 points mark on Thursday.