Market ends low amid IT selloff; mid, small-caps underperform
At close, Sensex declined 0.1%, or 72.56 points, to settle at 74,029.76, while the Nifty slipped 0.12%, or 27.4 points, to 22,470.5.
At close, Sensex declined 0.1%, or 72.56 points, to settle at 74,029.76, while the Nifty slipped 0.12%, or 27.4 points, to 22,470.5.
At close, the Sensex was down 12.85 points or 0.02% at 74,102.32, and the Nifty was up 37.60 points or 0.17% at 22,497.90.
Analysts at Morgan Stanley expect the Sensex to hit the 105,000 mark by December 2025 as their bull-case scenario for the index.
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.
At 10 a.m., the 30-scrip sensitive index traded at 60,690.03 points, down 453.30 points or 0.74 percent.
On the other hand, the broader 50-scrip Nifty at National Stock Exchange (NSE) opened at lower note at 18,602.35 points.
NTPC was the top gainer in the Sensex pack, rising around 4 per cent, followed by Bajaj Finserv, SBI, Bajaj Finance, Tech Mahindra, Dr Reddy's
"Asian markets continued to show mixed signs and India is one of the outperformers today so far," said Deepak Jasani, Head of Retail Research, HDFC Securities.
During the week, the Sensex rallied 1,032.58 points or 1.74 per cent, while the Nifty surged 268.05 points or 1.52 per cent.
