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.
At close, the Sensex was down 1,272.07 points or 1.49% at 84,299.78, and the Nifty was down 368.20 points or 1.41% at 25,810.80.
Sensex closed 384 points, or 0.45%, higher at 84,928.61, while the Nifty 50 ended 148 points, or 0.57%, up at 25,939.05.
At close, the Sensex was down 4.40 points or 0.01% at 82,555.44, and the Nifty was up 1.10 points at 25,279.80.
As foreign institutional investors (FIIs) resorted to big selling in the cash market this week amid weak global cues, domestic institutional investors (DIIs) played a stabilising role in mitigating volatility and supporting market confidence, experts said on Saturday.
Trading on the US stock market on Monday began with another sell-off over recession fears extending the worldwide slump that started in Japan and spread across India and South Korea in Asia and and Europe.
