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.
Of the 30 components of Sensex, three closed in the red including Tech Mahindra, ITC and M&M, shedding up to 0.54 per cent.
The gainers on the Sensex pack were led by Bajaj Finserv, rising nearly 5 per cent, followed by Bajaj Finance, Larsen, Asian Paints, Reliance Industries, Bajaj Auto, Axis Bank and HDFC.
Global markets retreated as rising COVID-19 cases clouded optimism over economic recovery, even as Chinese shares rose after positive GDP data.
HDFC Bank, HCL Tech, SBI, Tech Mahindra and ICICI Bank were among the gainers.
On the other hand, laggards included HCL Tech, dropped nearly 3 per cent, followed by Axis Bank, Asian Paints, UltraTech Cement and Infosys.
