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.
Also, a relative strength in Indian rupee too have supported the benchmark indices on Monday, said analysts.
Adani Ports was the top loser as the stock slipped 5.8 per cent to Rs 715.
This is the second consecutive day of the slump in the benchmark Sensex. The index had lost 866.65 points or 1.56 per cent on Friday, the previous trading session.
Even though the indices are in the green, analysts expect volatility to continue in Dalal Street.
Call it a moment of epiphany or homecoming, the parties of the head honcho of one of the top 5 outdoor advertising agencies in India used to be the talk of the town. The parties were replete with the biggest of Bollywood stars as attendees.