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.
Nifty 50 plunged 824 points, falling below 24,000 for the first time since late June, while Sensex dropped by 2,686 points to an intra-day low of 78,295.
This week, the Nifty surpassed the 25,000 mark for the first time ever and Sensex broke the psychological 82,000 mark.
The Sensex closed 0.35% higher at 81,455.4, 285.94 points above opening price. The index traded between 81,828.04 and 81,434.32.
Sensex opened at 81,349.28 against its previous close of 81,355.84 and settled 100 points, or 0.12%, higher at 81,455.40.
A day after the presentation of the Union Budget, the Sensex closed at 80,148.88, down 280.16 points or 0.35% while the Nifty was down 65.50 points or 0.27% at 24,413.50.
