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.
In the broader market, the S&P BSE MidCap and SmallCap ended with loss at 0.76 per cent and 0.93 per cent respectively.
In the broader market, the S&P BSE MidCap and SmallCap ended with gains at 1.65 per cent and 0.6 per cent respectively.
On the broader market, the S&P BSE MidCap and SmallCap ended with losses at 1.77 per cent and 0.88 per cent respectively.
Healthy buying was witnessed in the banking and finance stocks. A positive trend in the Asian markets also supported the domestic indices.
Top gainers on the Sensex included Tata Steel, HDFC Bank, Ultratech Cement, PowerGrid, ONGC, Kotak bank and Axis Bank.
