Extending losses for the second consecutive session, market benchmark BSE Sensex plunged 560 points Friday after the government thwarted hopes of a tax relief for FPIs. Led by a sell-off in auto and banking stocks, the 30-share index cracked 560.45 points or 1.44 per cent to settle at 38,337.01. It hit an intra-day low of 38,271.35 and a high of 39,058.73, swinging 787 points. Similarly, the broader NSE Nifty sank 177.65 points or 1.53 per cent to 11,419.25. During the day, the index hit a low of 11,399.30 and a high of 11,640.35.
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Watch Sensex tanks 560 pts, Nifty ends at 11,419; bank, auto stocks bleed With HD Quality.
Extending losses for the second consecutive session, market benchmark BSE Sensex plunged 560 points Friday after the government thwarted hopes of a tax relief for FPIs. Led by a sell-off in auto and banking stocks, the 30-share index cracked 560.45 points or 1.44 per cent to settle at 38,337.01. It hit an intra-day low of 38,271.35 and a high of 39,058.73, swinging 787 points. Similarly, the broader NSE Nifty sank 177.65 points or 1.53 per cent to 11,419.25. During the day, the index hit a low of 11,399.30 and a high of 11,640.35.
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Watch Sensex tanks 560 pts, Nifty ends at 11,419; bank, auto stocks bleed With HD Quality
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The benchmark BSE Sensex Monday plunged over 368 points to close at 35,656.70 due to across-the-board selling on the bourse as market sentiment turned volatile days ahead of the Union Budget, which is widely believed to have some populist announcements. The Sensex touched an intra-day high of 36,124.26 and low of 35,565.15. It finished 368.84 points, or 1.02 per cent, down at 35,656.70. While, the broader NSE Nifty touched a high of 10,804.45 during the day and fell to a low of 10,630.95. It finally ended 119, or 1.10 per cent, down at 10,661.55.
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Extending its gains for the third consecutive session, market benchmark BSE Sensex rallied about 292 points on Tuesday driven by gains mainly in auto, metal and banking stocks. After soaring 421 points during the day, the 30-share Sensex ended 291.62 points, or 0.76 per cent, higher at 38,506.09. It hit an intra-day high of 38,635.19 and a low of 38,238.27. The broader NSE Nifty too rose 87.15 points, or 0.77 per cent, to settle at 11,428.30.
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The BSE benchmark Sensex gave up initial gains Friday and closed 169 points lower at 36,025.54 as shares of Maruti Suzuki cracked after weak Q3 earnings, offsetting gains in Yes Bank, HDFC, ITC and TCS. The 30-share index finished 169.56 points, or 0.47 per cent down at 36,025.54. In similar movement, the broader NSE Nifty ended 69.25 points, or 0.64 per cent, down at 10,780.55.
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Closing Bell: Bank, IT stocks lift Sensex 330 pts up, Nifty ends May F&O series at 11,946; VIX eases 4%
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CLOSING BELL: Sensex sheds 80 pts on selling in bank stocks, Nifty ends flat at 10,841; PSU stocks rally up to 7%
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Market benchmark Sensex rebounded over 170 points after a volatile session, helped by fag-end buying in mainly banking and IT stocks. After swinging 322 points during the day, the 30-share Sensex ended 170.42 points, or 0.42 per cent, higher at 40,286.48. Similarly, the broader NSE Nifty rose 31.65 points, or 0.27 per cent, to end at 11,872.10.
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Equity Benchmark indices opened on a positive note in early session on Thurday, driven by gains in auto and bank stocks. At 09:18 am, the BSE S&P Sensex was up by 160 points at 38,752.77 while the Nifty 50 gained by 54 points at 11,494.10. Trading is expected to be volatile as the Futures and Options (F&O) contracts for the September series expires today.
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CLOSING BELL: Sensex tanks 286 points as RBI cuts rate by 35 bps; Nifty below 10,850; M&M slips 6%
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Domestic equity indices BSE Sensex and NSE Nifty cracked over 2 per cent on Tuesday amid heavy selling following a set of subdued macroeconomic data. The 30-share Sensex tanked as much as 770 points to 36,563 while NSE Nifty ended at 10,798, down 225 points or 2.04 per cent.
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