Sensex closes below 76,000 mark for the first time in seven months
Stock market tumbled on Tuesday, declining over 1% as investor sentiment took a hit from multiple global and domestic triggers.
Stock market tumbled on Tuesday, declining over 1% as investor sentiment took a hit from multiple global and domestic triggers.
Sensex ended the week at 76,619.33 and Nifty settled at 23,203.2. The Nifty remained under bearish pressure for yet another session.
Stock market ended on a positive note on Thursday, extending the winning run for the third consecutive session.
Amid mixed global markets, indices opened on a strong note and witnessed a rangebound movement throughout the session.
The stock market ended lower during a highly volatile session on Friday, with the Nifty falling below 23,350. This was led by selling across the sectors, barring IT stocks.
Life Insurance Corporation of India (LIC) emerged as the biggest gainer, in tandem with a rally in benchmark indices.
On Nifty, Adani Ports & Special Economic Zone (6.30%), Bharat Electronics (3.17%), Trent (2.64%), NTPC (2.12%), Adani Enterprises (11.50%) remained the top gainers.
Sensex and Nifty sharply advanced in the morning trade on Monday on the back of Maharashtra assembly election.
The quantum of net outflows has significantly reduced compared to October, when Foreign Portfolio Investors (FPI) withdrew Rs 94,017 crore ($11.2 billion) on a net basis.
HDFC Bank and Tata Consultancy Services emerged as the biggest gainers, in tandem with firm trend in equities.
