Market starts week on strong note; Sensex snaps 5-day losing streak
Sensex snapped its five-day losing streak to end with a decent gain of about half a per cent tracking positive global cues.
Sensex snapped its five-day losing streak to end with a decent gain of about half a per cent tracking positive global cues.
Broader indices underperformed as the BSE Midcap and Smallcap closed 0.57% and 0.45% lower.
Nifty managed to close just above 22,900, while buying in broader indices also helped to recover intraday losses.
At close, the BSE Sensex was down 32.11 points or 0.04% at 76,138.97, and the Nifty 50 was down 13.85 points or 0.06% at 23,031.40.
The benchmark Indices ended on a flat note in a highly volatile session on Tuesday amid gains in shares of select heavyweights.
At close, the Sensex was down 131.43 points or 0.16% at 82,948.23, and the Nifty was down 41 points or 0.16% at 25,377.50.
Sensex closed 91 points, or 0.11% higher at 83,079.66, while the Nifty 50 settled at 25,418.55, up 35 points, or 0.14%.
Sensex ended 98 points, or 0.12%, higher at 82,988.78, while the Nifty 50 settled at 25,383.75, up 27 points, or 0.11%.
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.