Equity benchmark Sensex declined over 140 points in early trade on Thursday as index-heavyweights Reliance Industries, Infosys and HDFC twins witnessed intense selling pressure.
As of 9:21 am, the Sensex was up 1025 points at 49,626.28 while the NSE benchmark Nifty50 index was higher by 2.12 per cent or 302.05 points at 14,583.25. Broad-based buying was visible in the market with banking stocks leading gains.
On Friday, the domestic equity market had continued its downward journey for the sixth session in row.
On Monday, the Sensex tanked 530.95 points or 1.09 per cent to close the session at 48,347.59; and the Nifty shed 133 points or 0.93 per cent to close at 14,238.90.
On Friday, the BSE Sensex had tumbled 746.22 points or 1.50 per cent to finish at 48,878.54, posting its largest single-session drop in a month; while, the NSE Nifty had slumped 218.45 points or 1.5 per cent to 14,371.90.
Leading IT stocks also advanced in morning trade on hopes of fresh US stimulus measures. HCL Tech rose by 1.15 per cent, Tech Mahindra by 1.14 per cent, TCS by 0.85 per cent and Infosys by 0.74 per cent.
In the previous session, Sensex ended 470.40 points or 0.96 per cent lower at 48,564.27, while Nifty tumbled 152.40 points or 1.06 per cent to 14,281.30.
Equity benchmark Sensex jumped 248 points to end at a fresh life-time high on Tuesday, tracking gains in index heavyweights Reliance Industries, HDFC Bank and Bharti Airtel amid positive global cues and persistent FPI inflows.
Equity benchmark Sensex dropped over 100 points in early trade on Tuesday, tracking losses in index-heavyweights HDFC, Kotak Bank and ICICI Bank despite largely positive trend in global equities and sustained FPI inflow.
In the previous session, the Sensex had closed 689.19 points or 1.43 per cent higher at 48,782.51, while Nifty rallied 209.90 points or 1.48 per cent to close at its record high of 14,347.25.
In the previous session, Sensex ended 307.82 points or 0.64 per cent higher at 48,176.80, and Nifty jumped 114.40 points or 0.82 per cent to its fresh lifetime high of 14,132.90.
In the previous session, Sensex rose by 117.65 points or 0.25 per cent to close at a fresh lifetime-high of 47,868.98, while Nifty closed at an all-time high of 14,018.50.
On Monday, the Sensex had settled up by 380.21 points or 0.81 per cent at its all-time closing high of 47,353.75; and the Nifty too had risen by 123.95 points or 0.90 per cent to a new closing high of 13,873.20.
On the last trading day, Thursday, of the previous week, the 30-share Sensex had surged 529.36 points or 1.14 per cent to close at 46,973.54. The broader NSE Nifty had zoomed 148.15 points or 1.09 per cent to 13,749.25.
In the previous session, Sensex ended 452.73 points or 0.99 per cent higher at 46,006.69, and Nifty climbed 137.90 points or 1.03 per cent to 13,466.30.
In the previous session, Sensex plunged 1,406.73 points or 3 per cent to close at 45,553.96. This was its biggest single-day fall since May 4 this year. Nifty also tanked 432.15 points or 3.14 per cent to finish at 13,328.40.
Equity benchmark Sensex plummeted 1,407 points on Monday as panic over a new strain of coronavirus in the UK led to a massive selloff in global equities.
In the previous session, Sensex settled at a record 46,960.69, up 70.35 points or 0.15 per cent, while Nifty rose 19.85 points or 0.14 per cent to 13,760.55 -- its new closing high.
Extending its winning run to the sixth session, equity benchmark Sensex advanced 70 points to end at a new record on Friday following gains in Infosys, ICICI Bank, TCS and Reliance Industries.
Equity benchmarks Sensex and Nifty raced to new peaks on Wednesday as participants took note of continuously improving macroeconomic indicators and positive trends in global markets.