Sensex drops 162 pts in volatile trade, Nifty closes at 11,605

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Equity benchmarks Sensex and Nifty Monday faced high volatility and closed with losses as investors turned cautious ahead of the start of corporate earnings season and polling for the general elections. The BSE gauge Sensex ended lower by 161.70 points at 38,700.53, while the NSE Nifty lost 61.45 points to settle the day at 11,604.50.

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Watch Sensex drops 162 pts in volatile trade, Nifty closes at 11,605 With HD Quality.

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    Sensex drops 162 pts in volatile trade, Nifty closes at 11,605

    Equity benchmarks Sensex and Nifty Monday faced high volatility and closed with losses as investors turned cautious ahead of the start of corporate earnings season and polling for the general elections. The BSE gauge Sensex ended lower by 161.70 points at 38,700.53, while the NSE Nifty lost 61.45 points to settle the day at 11,604.50.

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    Watch Sensex drops 162 pts in volatile trade, Nifty closes at 11,605 With HD Quality

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    The BSE benchmark Sensex pared significant gains towards the fag-end of the session after touching a record 39,000-level on Monday. The 30-share gauge rallied over 400 points during the day to hit an all-time high of 39,115.57. But, it surrendered most of its gains to settle at 38,871.87, showing a rise of 198.96 points, or 0.51 per cent. Similarly, the NSE Nifty settled the day at 11,655.60, rising 31.70 points, or 0.27 per cent, over its previous close.

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    In a highly volatile session, the benchmark BSE Sensex ended 118 points lower, dragged by losses mainly in auto and financial stocks. The NSE Nifty too edged 23 points down to settle below the 12,000-mark. However, on a weekly basis, the Sensex gained 279.4 points and the Nifty rose 78.70 points. After gyrating nearly 750 points, the 30-share index settled 117.77 points, or 0.30 per cent, lower at 39,714.20. The broader NSE Nifty also settled lower by 23.10 points, or 0.19 per cent, at 11,922.80.




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    Equity benchmarks Sensex and Nifty ended modestly higher Wednesday after a volatile session as investors looked ahead to the Union Budget for further cues. Extending its gains for the third session, the 30-share BSE Sensex settled 22.77 points, or 0.06 per cent, higher at 39,839.25. Similarly, the broader NSE Nifty edged up 6.45 points, or 0.05 per cent, to 11,916.75. Top gainers in the Sensex pack included IndusInd Bank, ITC, L&T, M&M, PowerGrid, Asian Paints and SBI, ending up to 3.79 per cent higher.




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    Equity benchmarks racked up losses for the fifth straight session on Wednesday as risk sentiment remained fragile after IMF slashed India's growth outlook. The 30-share BSE Sensex tumbled 135.09 points or 0.36 per cent to close at an over two-month low of 37,847.65. Similarly, the broader NSE Nifty dropped 59.75 points or 0.53 per cent to 11,271.30. This has been the longest losing streak for the indices since early May. The Sensex has now lost 1,049.81 points, or 2.69 per cent, in five sessions, while the Nifty has shed 325.60 points or 2.80 per cent.




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