Market snaps three-day losing streak, Nifty closes near 24,300-level
India VIX, also known for assessing market anxiety, eased nearly 14% to just above 16.
India VIX, also known for assessing market anxiety, eased nearly 14% to just above 16.
On the back of strong global cues, indices opened at fresh record high and extended the gains in the first half.
Nifty 50 closed nearly 9 points, or 0.03 per cent, lower at 24,315.95, while the Sensex settled 27 points, or 0.03 per cent, down at 79,897.34.
Nifty 50 opened at a record high of 23,629.85, touched another record high at 23,664.00, before fallling into the red as investors booked profit.
Sensex opened at a record high of 77,543.22 and closed at 77,337.59, up 36.45 points, or 0.05%.
Both the indices hit their fresh record highs, jumping almost 4%, and ended at their fresh closing highs with gains of over 3% each.
Experts believed that the market is reeling in the clutches of bears ahead of the Lok Sabha election outcome.
At close, the Sensex was down 1,062 points or 1.5% at 72,404, while the Nifty 50 was down 335 points or 1.5% at 21,967.
Sensex fell 384 points, or 0.52%, closing at 73,511.85, while the Nifty 50 closed 140 points, or 0.62%, lower at 22,302.50.
Sensex closed 189 points, or 0.25%, lower at 74,482.78 while the Nifty 50 closed the day at 22,604.85, down 39 points, or 0.17%.
