Market halts 9-day losing streak; Sensex recovers 227 points
Business | May 14, 2019 17:24 ISTReliance Industries, ITC and SBI helped in share market recovery on Monday.
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Reliance Industries, ITC and SBI helped in share market recovery on Monday.
Sensex finished on a high note in a volatile week which saw global oil prices soar.
NTPC was the biggest loser in the Sensex pack, tumbling 2.25 per cent, followed by Tata Motors, Hero MotoCorp, Bharti Airtel, PowerGrid, HDFC, Reliance Industries, Coal India and M&M that shed up to 1.85 per cent.
After opening over 250 points down, the 30-share Sensex was trading 166.63 points, or 0.46 per cent, lower at 36,317.70. The index had ended 137.25 points, or 0.38 per cent, at 36,484.33 on Wednesday.
Investor sentiment turned positive after the Finance Ministry issued a statement to dampen concerns over a spat between the government and the central bank.
Markets in free fall; Sensex crashes 806 points as selling intensifies on weak rupee
While the BSE Sensex plunged 550.51 points to end at 35,975.63; Nifty slipped150.05 points to end the day at 10,858.25
The scrip of Bank of Baroda dived 16.03 per cent to end at Rs 113.45 on BSE. Shares of Vijaya Bank plunged 5.69 per cent to close at Rs 56.40.
US President Donald Trump predicts stock market crash if he's impeached. Donald Trump could be months away from facing impeachment due to his former lawyer Michael Cohen's guilty plea.
Benchmark Sensex tumbled 206 points to end at 30,365.25 today as investors booked profits in recent gainers amid volatile global cues.
BSE has asked brokers to exercise extra caution and do due diligence while executing trades.
Sensex and Nifty finished at fresh lifetime highs today as sentiment remained upbeat on forecast of a normal monsoon this year.
Mumbai: A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), today, provisionally closed trading 473.45 points or 1.98 percent up.The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading 149.60
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