Markets fall after early gains tracking weak global equities
Business | August 24, 2022 16:22 ISTBoth the benchmark indices were trading lower, with the Sensex falling 146.56 points to 58,884.74 and the Nifty declining by 43.95 points to 17,533.55.
Both the benchmark indices were trading lower, with the Sensex falling 146.56 points to 58,884.74 and the Nifty declining by 43.95 points to 17,533.55.
The 30-share BSE Sensex climbed 257.43 points or 0.44 percent to settle at 59,031.30. During the day, it hit a high of 59,199.11 and a low of 58,172.48. The broader NSE Nifty advanced 86.80 points or 0.50 percent to 17,577.50.
The 30-share BSE Sensex, which had started the trade on a firm note, later gave up all the early gains and ended 651.85 points or 1.08 per cent lower at 59,646.15. The broader NSE Nifty fell 198.05 points or 1.10 per cent to settle at 17,758.45.
Foreign Institutional Investors (FIIs) were net buyers in the Indian capital market as they bought shares worth Rs 1,376.84 crore on Tuesday, according to exchange data.
The 30-share BSE index ended 130.18 points or 0.22 percent higher at 59,462.78 as 13 of its constituents ended in the green.
The BSE index ended 465.14 points or 0.80 per cent up at 58,853.07 points. Likewise, the broader NSE Nifty had advanced 127.60 points or 0.73 per cent to 17,525.10 points. Equity markets were closed on Tuesday on account of 'Muharram'.
The 30-share BSE gauge climbed 465.14 points or 0.80 per cent to finish at 58,853.07. During the day, it jumped 546.97 points or 0.93 per cent to 58,934.90. The broader NSE Nifty gained 127.60 points or 0.73 per cent to end at 17,525.10.
The 30-share BSE Sensex ended 89.13 points or 0.15 percent higher at 58,387.93 after facing volatility during the fag-end of trade. During the day, it climbed 350.39 points or 0.60 percent to 58,649.19. The broader NSE Nifty went up by 15.50 points or 0.09 percent to finish at 17,397.50.
The BSE benchmark had ended 20.86 points or 0.04 per cent higher at 58,136.36 on Tuesday. The Nifty ended at 17,345.45, up 5.40 points or 0.03 per cent.
The 30-share BSE benchmark closed 20.86 points or 0.04 per cent higher at 58,136.36 with 16 of its constituents ending in the red. The index opened lower due to profit booking by investors after sharp gains in the four-day rally.
On the domestic equity market front, the BSE Sensex ended 20.86 points or 0.04 percent higher at 58,136.36, while the broader NSE Nifty advanced 5.40 points or 0.03 percent to 17,345.45.
The 30-share BSE Sensex climbed 545.25 points or 0.95 per cent to finish at 58,115.50. The benchmark closed above the 58,000 level for the first time after April 13 this year.
The BSE barometer had jumped 712.46 points or 1.25 percent to settle at 57,570.25. The Nifty had advanced 228.65 points or 1.35 percent to 17,158.25.
The 30-share BSE barometer jumped 712.46 points or 1.25 percent to settle at 57,570.25. During the day, it rallied 761.48 points or 1.33 percent to 57,619.27. The broader NSE Nifty advanced 228.65 points or 1.35 percent to 17,158.25.
NSE illegal phone tapping: The former MD was produced in the court from jail on order passed by the judge earlier. The judge had issued a production warrant against the accused on a plea moved by the ED.
The CBI, and now ED, have named Pandey, his Delhi-based company, NSE's former MD and CEOs Narain and Ramkrishna, executive vice president Ravi Varanasi and head (premises) Mahesh Haldipur, among others, in their respective complaints.
The 30-share BSE Sensex settled 150.48 points or 0.28 per cent lower at 53,026.97 as 20 of its stocks ended with losses. The broader NSE Nifty declined by 51.10 points or 0.32 per cent to 15,799.10 with 34 of its constituents closing in the red.
Sebi initiated investigation with respect to the dealings of the several entities, for the period 2009 to 2016 to investigate into the matter of providing connectivity to certain stock brokers by NSE in a manner which may be detrimental to the investors or the securities market.
NSE co-location case: CBI has already arrested Chitra Ramkrishna, former CEO and Managing Director of NSE and Anand Subramanian, former Group Operating Officer of the market.
The 30-share BSE benchmark dropped 153.13 points or 0.29 percent to settle at 52,693.57. During the day, it tumbled 387.22 points or 0.73 percent to 52,459.48.
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