Market snaps 5-day losing streak led by realty, banking and metal
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, 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.
Benchmark indices ended sharp recovering from the day's low in a highly volatile session, and ended strong led by auto, bank, telecom and FMCG names.
On the Sensex chart, IndusInd Bank, trading higher by over 7 per cent, followed by ICICI Bank, HDFC, Larsen, HDFC Bank and SBI
Nifty50 was trading lower by 26.25 points or 0.19 per cent at 13,791.30 from its previous close.
In the broader market, the S&P BSE MidCap and SmallCap ended with losses at 0.4 per cent and 0.45 per cent respectively.
In the broader markets, the S&P BSE MidCap and SmallCap also traded lower by 0.14 and 0.50 per cent respectively.
On the Sensex chart, Axis Bank, Tech Mahindra, ONGC, Dr Reddy's, Bajaj Finance and Sun Pharma were major laggards.