Market records steepest weekly declines in over two years
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%.
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.
At close, the Sensex was up 16 points or 0.02% at 81,526, and the Nifty was up 32 points or 0.1% at 24,642.
ONGC was the top gainer in the Sensex pack, rallying over 7 per cent, followed by NTPC, Tata Steel, Bajaj Finance, ITC, IndusInd Bank, SBI and Reliance Industries.
The losers were led by Nestle India, ITC, HUL and Kotak Bank were among the gainers.
The S&P BSE Sensex gave away the 46,000 mark to trade 0.76 per cent or 350.31 points lower at 45,753.19. I
Foreign portfolio investors (FPIs) were net buyers in the capital market as they purchased shares worth Rs 2,909.60 crore on Tuesday, according to provisional exchange data.
ITC was the top gainer in the Sensex pack, rising around 2.10 per cent, followed by Reliance, HCL Tech, NTPC, Asian Paints, and Axis Bank.