Simultaneously, the Nifty commenced the day with positive momentum, opening 99.35 points up at 21,616.50. Among the Nifty firms, advances outnumbered declines with 29 companies experiencing gains and 21 facing declines.
Indian stock indices settled 2023 last active trading session marginally in the red, largely due to profit booking and subdued global cues. Sensex and Nifty settled 0.2 per cent lower each on Friday.
Indian stock indices extended the gains they managed to accumulate last week through Monday morning opening bell, tracking firm overseas market cues. Sensex and Nifty were about 0.5 per cent higher each.
The US 10-year Bond Yield recently reached a 16-year high, standing at an alarming 5 per cent, further adding to the apprehension, while surging geopolitical tensions in the Gulf region have compounded the uncertainty.
At the closing bell, the Sensex reported a decline of 323.09 points, settling at 65,505.32, while the Nifty also ended in the red, closing 109.55 points lower, at 19,528.75.
Investors welcomed the week with optimism as economic indicators and global cues favoured a bullish start to the trading day, ahead of Jio Financial Services’ listing on stock exchanges.
The opening bell saw the Sensex edging lower by 206.66 points, opening at 64,957.18, while the Nifty also began on a downtrend, slipping 68.80 points to start at 19,315.30.
BSE 30-share Sensex lost 262 points to 62,706.71 and NSE Nifty 50 dropped 69 points to 18,565.35 in morning trade on Wednesday. Some of the gainers on NSE Nifty were HDFC Life, Sun Pharma, Asian Paints, HCL Tech and Eicher Motors.
BSE 30-share Sensex went up 123 points to settle at 62,969.13 and NSE Nifty surged 32 points and ended at 18,633.85 on Tuesday. According to data, about 1,640 shares advanced, 1,766 shares declined, and 112 shares unchanged.