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.
The Indian stock market's key indices, Sensex and Nifty, surged by more than 2 per cent on Tuesday led by strong buying support in heavyweights TCS, ITC, HDFC Bank and Reliance Industries amid strong global cues.
JK Tyres, IndusInd Bank, Kotak Bank and M&M Financial Services whereas Lupin, Heritage Foods, Emami and Ipca Lab were among the laggards on the 30-share index.
Maruti, Bharti Airtel, Reliance, Titan, Ultra Cement, HUL and Tata Steel whereas IndusInd Bank, Wipro, Infosys, Asian Paints, Mahindra, HDFC, NTPC, Kotak Bank, SBI were among the laggards on the 30-share index.
The 30-stock S&P BSE Sensex surged 1,016.96 points or 1.80 per cent to 57,426.92 points against its previous day's close at 56,409.96 points. The Sensex started the day in the red at 56,240.15 points and slumped to a low of 56,147.23 points in the early morning trade.
Indian markets on Friday were volatile and in negative territory during the morning trade. At 9.25 IST, the 30-share Sensex fell 0.33 per cent to 56,224 while the Nifty was down 0.31 per cent to 16,786, as market participants track global cues and wait for RBI announcements.
