Market erases all gains, Nifty falls below 23,300
At close, the Sensex was down 422.59 points or 0.54% at 77,155.79, while the Nifty fell 168.60 points or 0.72% at 23,349.90.
At close, the Sensex was down 422.59 points or 0.54% at 77,155.79, while the Nifty fell 168.60 points or 0.72% at 23,349.90.
Reliance Industries, ICICI Bank, State Bank of India, ITC, Hindustan Unilever, and Life Insurance Corporation of India (LIC) were the gainers, Tata Consultancy Services (TCS), HDFC Bank, Bharti Airtel, and Infosys faced erosion from their market valuation.
At close, the Sensex was down 930.55 points or 1.15% at 80,220.72, and the Nifty was down 309.00 points or 1.25% at 24,472.10.
The BSE Sensex closed 218.14 points higher to 81,224.75 on October 18 while NSE Nifty rose 104.20 points to 24,854.05.
The Sensex was trading at 80,752.18 after slipping 254.43 points or 0.31 per cent. At the same time, the Nifty opened trading at 24,675.30 after falling 74.55 points or 0.3 per cent.
The market failed to hold onto the opening gains to end on a negative note on Tueday. Nifty finished below 25,100 dragged by auto, metal and pharma. At close, Sensex was down 152.93 points or 0.19% at 81,820.12, and the Nifty was down 70.70 points or 0.28% at 25,057.30.
Tata Consultancy Services (TCS) and Reliance Industries emerged as the biggest laggards, in line with weak trend in equities.
Stock market failed to hold the higher levels and ended with marginal gains in the rangebound session on Thursday.
At close, the Sensex was down 638.45 points or 0.78% at 81,050, and the Nifty was down 218.80 points or 0.87% at 24,795.80.
At close, the Sensex was down 33.49 points or 0.04% at 84,266.29, and the Nifty was down 13.95 points or 0.05% at 25,796.90.