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 9.33 am, Sensex traded at 57,859.41 points, down 131.70 points or 0.23 per cent, whereas Nifty traded at 17,201.15 points, down 39.85 points or 0.23 per cent.
The 30 stock S&P BSE Sensex ended the day at 58,191.29 points, which is 30.81 points or 0.05 per cent lower than its previous day's close at 58,222.10 points.
BSE Bankex was down 0.63 per cent to 44,567 whereas BSE IT was 40 points. In the broader market
The 30 stock S&P BSE Sensex ended the day at 58,222.10 points, which is 156.63 points or 0.27 per cent higher than its previous session's close at 58,065.47 points. Tracking the rally in the global equities markets, the Sensex started the day sharply higher at 58,314.05 points and soared to a high of 58,578.76 points.
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.
