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.
On the other hand, Kotak Bank, Nestle India, Titan, Bajaj Finance, HDFC Bank and NTPC were among the laggards.
The S&P BSE Sensex was trading at 44,392.22, higher by 242.50 points or 0.55 per cent from the previous close of 34,911.32 levels.
The gainers, on the other hand, were led by Asian Paints, Titan, Tata Steel, Bajaj Finance and Bajaj Auto.
The broader NSE Nifty touched a record intra-day peak of 13,145.85, before ending 196.75 points or 1.51 per cent down at 12,858.40.
It has recorded an all-time high of 12,934.05 points.