Market ends nearly flat amid volatile trading session
At close, the Sensex slipped 0.06%, or 46.14 points, to settle at 80,242.24, while the Nifty edged lower by 0.01%, or 1.75 points, to end at 24,334.20.
At close, the Sensex slipped 0.06%, or 46.14 points, to settle at 80,242.24, while the Nifty edged lower by 0.01%, or 1.75 points, to end at 24,334.20.
The stock market on Wednesday wrapped up the session on a high note, notching its seventh straight day of gains. Robust buying was seen in IT, auto, and pharma stocks.
There was a smart rally in equities, with HDFC Bank and Bharti Airtel emerging as the biggest gainers.
At close, the Sensex was up 309.40 points or 0.40% at 77,044.29, and the Nifty was up 108.65 points or 0.47% at 23,437.20.
In a rank-wise analysis, Reliance Industries remained the most valued firm, followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Hindustan Unilever, Bajaj Finance and ITC.
Stock Market staged a strong rebound, snapping a three-day losing streak with Nifty 50 closing above 22,500 as across-the-board buying revived sentiment, in-line with the rally across Asian markets and Europe.
Samajwadi Party President and former Uttar Pradesh chief minister Akhilesh Yadav said that the loss of about Rs 19 lakh crore to the stock market in a day is a clear sign of recession for the Indian economy.
It was a total bloodbath on Dalal Street as the Nifty 50 tanked 906.95 points, or 3.96 per cent at 21,997.50, while the Sensex nosedived 2,792.89 points, or 3.71per cent at 72,571.80 at 11:30 am.
At close, Sensex was up 592.93 points or 0.78% at 76,617.44, and the Nifty was up 166.65 points or 0.72% at 23,332.35.
At close, Sensex was down 1,390.41 points or 1.80% at 76,024.51, and the Nifty was down 353.65 points or 1.50% at 23,165.70.