Market ends flat in rangebound session amid tariffs concern
At close, the Sensex was down 7.51 points or 0.01% at 74,332.58, and the Nifty was up 7.80 points or 0.03% at 22,552.50. For the week, BSE Sensex added 1.5% and Nifty jumped 2%.
At close, the Sensex was down 7.51 points or 0.01% at 74,332.58, and the Nifty was up 7.80 points or 0.03% at 22,552.50. For the week, BSE Sensex added 1.5% and Nifty jumped 2%.
Benchmark indices on Wednesday bounced back sharply with Nifty finishing above 22,300, breaking a 10-day losing streak.
With today's fall, the Nifty50 closed in the negative zone for the tenth session in a row, while Sensex ended lower for third day.
Benchmark indices plunged nearly 2% on Friday, dragged down by a broad-based sell-off wiping out Rs 8.8 lakh crore in market capitalization. For the week, the total wealth erosion has been recorded at ₹20 lakh crore.
At close, Sensex was up 10.31 points or 0.01% at 74,612.43, and the Nifty was down 2.50 points or 0.01% at 22,545.05.
At 9.42 am, Sensex traded at 59,854.76 points, up 23.10 points or 0.039 per cent, whereas Nifty traded at 17,749.35 points, up 18.60 points or 0.10 per cent.
Meanwhile, the rupee has retreated from its all-time low of over 83 against the US dollar.
Sensex traded at 58,962.18 points, down 145.01 points or 0.25 per cent, whereas Nifty traded at 17,468.35 points, down 43.90 points or 0.25 per cent.
Indian stock indices extended their gains for the fourth straight session on Wednesday, as the 30-share Sensex surged 147 points and closed at 59,107.19 while the Nifty50 rose 25 points to close at 17,512.25.
The 30 stock S&P BSE Sensex surged by 549.62 points or 0.94 per cent to 58,960.60 points against its previous day's close at 58,410.98 points. The Sensex started the day in the positive at 58,744.13 points and surged to a high of 59,143.66 points in the intra-day.