Nifty 50, Sensex fail to hold gains; auto, FMCG stocks rise
The Nifty 50 closed 0.11% lower, settling at 23,727, while the Sensex ended with a minor 0.09% drop at 78,472.
The Nifty 50 closed 0.11% lower, settling at 23,727, while the Sensex ended with a minor 0.09% drop at 78,472.
At close, the Sensex was up 498.58 points or 0.64% at 78,540.17, and the Nifty was up 165.95 points or 0.70% at 23,753.45.
At close, Sensex ended near the 78,000 mark, shedding 1.5% from the previous session, while the Nifty fell below 23,600, also down 1.5%.
Benchmark indices tumbled over 1% on Thursday marking their fourth consecutive session of decline. The decline came amid global market weakness weighing heavily on investor sentiment.
At close, the Sensex was down 1,064.12 points or 1.30 per cent at 80,684.45, and the Nifty was down 332.25 points or 1.35 per cent at 24,336.
Bourses in Shanghai, Tokyo and Seoul ended on a positive note, while Hong Kong was in the red.
Banks have been quite upbeat lately and extended gains by over 1 per cent post noon, but it was metals that shone with over 2.5 per cent gains.
Barring pharma, most of key sectoral indices traded in green.
NSE Nifty climbed over 167 points to reclaim the key 14,500-level during the day but surrendered all its gains to the end.
On the broader front, the S&P BSE Midcap and small cap ended with losses at 0.10 and 0.028 per cent down.
