Stock indices in India fell for the second consecutive session tracking weak cues from the overnight US markets. Also, the US central bank signalling that further hikes in interest rates may be needed to bring inflation to comfortable levels also hurt the market sentiment.
Key indices -- BSE Sensex surged 415.49 points or 0.69 per cent to 60,224.46. The Nifty 50 index added 117.10 points or 0.67 per cent to 17,711.45. Some of the top Nifty gainers were Adani Enterprises which went up 5.45 per cent, Tata Motors, which was up 2.92 per cent and ONGC, which rose 2
Benchmark stock indices extended their losses from the previous session as market sentiments remain subdued over global inflation and subsequent monetary policy actions by various central banks.
The key indices in the domestic market -- BSE Sensex went down 927 points and settled at 59,744.98 level while NSE Nifty lost 280 points and closed the session at 17,546.55 level.
The domestic markets on Thursday ended almost flat while tracking global cues amid the country's declining trade deficit. Adani Group firms' slow recovery also helped investors gain confidence in the markets
Key indices BSE Sensex went up 600 points and settled at 61,032.26 while NSE Nifty surged 157 points to 17,928.10. According to NSE data, The Nifty IT index rose 0.99 per cent to 30,588.75. The index had fallen 2.26 per cent in the past two sessions.
Key indices of the domestic market Sensex lost 120.88 points to 60,542.91 while Nifty declined 52 points to 17,817.65. Gainers on Sensex were Bajaj Finance, Larsen and Toubro, Infosys, TCS and Power Grid while Tata Motors, UltraTech Cement, Bharti Airtel and Maruti were some of the laggards.