Market extends losing streak for third consecutive session
At close, Sensex was down 502.25 points or 0.62% at 80,182.20, and the Nifty was down 137.15 points or 0.56% at 24,198.85.
At close, Sensex was down 502.25 points or 0.62% at 80,182.20, and the Nifty was down 137.15 points or 0.56% at 24,198.85.
At close, the Sensex was down 1,064.12 points or 1.30 per cent at 80,684.45, and the Nifty was down 332.25 points or 1.35 per cent at 24,336.
Stock Market erased some of the previous session gains to end lower. Selling was seen in the IT, metal, oil & gas and FMCG names, while buying in realty, PSU bank, media restricted further fall.
The surge in the Indian stock market on Friday helped the Indian benchmark indices end the week on a positive note.
At close, the Sensex was up 16 points or 0.02% at 81,526, and the Nifty was up 32 points or 0.1% at 24,642.
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.
Nifty 50 closed the day with a loss of 270 points, or 1.09%, at 24,530.90, while the Sensex ended at 80,604.65, down 739 points, or 0.91%.
Nifty 50 settled at a fresh closing high of 24,502.15, having jumped 186 points, or 0.77%. Sensex settled at its fresh closing high of 80,519.34 with a gain of 622 points, or 0.78%. Nifty 50 hit a fresh all-time high of 24,592.20, while the Sensex reached 80,893.51 during the session.
The market was influenced by price cuts from a major automaker and anticipation surrounding the upcoming earnings season.