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.
Sensex and Nifty were trading 0.1 per cent lower each. Among the Nifty 50 companies, 25 declined and the rest 25 advanced this morning
At 9.26 am, Sensex traded at 59,598.92 points, down 335.09 points or 0.56 per cent, whereas Nifty traded at 17,784.25 points, down 93.15 points or 0.52 per cent.
Benchmark indices ended sharply down on Thursday in line with international peers with Sensex falling over 700 points and Nifty falling over 200 points
After a sharp volatility in the previous session, Indian stock indices opened Wednesday's trade with minor losses, update came at 9.34 a.m.
Stocks’ reaction to the just-concluded local elections in Nepal can be described as ranging from nonchalant to downright depressing. The NEPSE, the country’s sole stock exchange, was already caught in a downward spiral after peaking at 3227 last August.
