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 a record high of 77,102.05, and pared some gains to close at 76,810.90, up 204.33 points, or 0.27 per cent. The index surged to create a fresh all-time high of 77,145.46.
Sensex opened at 76,680.90 and closed at 76,456.59 falling prey to profit booking. The index rose about 370 points to hit its intraday high of 76,860.53.
Investors are awaiting the release of US inflation data and the Federal Reserve’s policy meeting.
The Governor expressed confidence that the central bank was well-positioned to meet the country’s external financing requirements comfortably.
Goyal said the claims made by the Congress MP are absolutely baseless, and that he still has not overcome the loss in the Lok Sabha Elections. It is the grand old party's conspiracy to malign the BJP while the market is booming under the Modi Government.
