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 30 stock S&P BSE Sensex surged 455.95 points or 0.76 per cent to 60,571.08 points against its previous day's close at 60,115.13 points. The Sensex started the day in the positive at 60,408.29 points and surged to a high of 60,635.28 points in the intra-day.
Prior to last Thursday, the benchmark indices - Sensex and Nifty - fell for two sessions on the likelihood of aggressive rate hikes in the US to fight inflation as indicated by the US Federal Reserve.
Sensex and Nifty - fell for two sessions on the likelihood of aggressive rate hikes in the US to fight inflation as indicated by the US Federal Reserve. At 9.25 am, Sensex traded at 59,983.29 points, up 190.15 points or 0.32 per cent, whereas Nifty traded at 17,895.80 points, up 62.45 points or 0.35 per cent.
At 9.26 am, Sensex traded at 59,557.48 points, up 528.57 points or 0.90 per cent, whereas Nifty traded at 17,770.00 points, up 145.60 points or 0.83 per cent.
The broader Nifty 50 of the National Stock Exchange closed 31.20 points or 0.18 per cent down at 17,624.40 points.