From the Sensex pack, Maruti, M&M, Asian Paints, Bharti Airtel, TCS and Hindustan Unilever among others were the major gainers. On the other hand, Reliance Industries, NTPC, Power Grid and UltraTech Cement were the laggards.
The BSE Sensex zoomed 934.23 points or 1.81 per cent to settle at 52,532.07. During the day, it rallied 1,201.56 points or 2.32 per cent to 52,799.40. The NSE Nifty climbed 288.65 points or 1.88 per cent to finish at 15,638.80.
The BSE benchmark gained 237.42 points or 0.46 per cent to settle at 51,597.84. During the day, it hit a high of 51,714.61 and a low of 51,062.93.
The BSE benchmark declined 135.37 points or 0.26 per cent to settle at 51,360.42. During the day, the benchmark faced volatility and tanked 574.57 points or 1.11 per cent to its one-year low of 50,921.22.
The BSE benchmark was trading 425.11 points lower at 51,070.68. The Nifty dipped 125.7 points to 15,234.90.
Nifty50 Prediction, Nifty50 Chart: Nifty50 has corrected more than 17% from its all-time high of 18,604 in October 2021.
Across-the-board selling played havoc on the headline indices, with index majors Reliance Industries and HDFC twins contributing most to the decline.
Sensex, Nifty News Today: Massive sell-off in metal stocks triggered a downfall in the afternoon session, pushing Nifty50 to breach major support of 15,500.
The S&P BSE Sensex rallied more than 600 points to trade above 53,000, the NSE Nifty50 gained 171 points to sit comfortably above 15,800. Bank Nifty was also in the green.
The BSE benchmark was trading 153.25 points lower at 52,540.32 in early trade. The Nifty declined by 39.55 points to 15,692.55.
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.
LIC made its market debut at a discount of 8.11 per cent at Rs 872 per share on May 17.
The 30-share BSE benchmark was trading 374.72 points lower at 52,471.98. The Nifty declined by 100.15 points to 15,674.25.
Wall Street News, US Stock Market Crash: The higher rate of inflation has worried investors that the Federal Reserve may aggressively hike key rates. The Fed will announce its policy decision on Wednesday.
At the interbank foreign exchange market, the local currency opened at 78.20 and witnessed an intra-day high of 78.02 and a low of 78.29 against the US dollar.
Equity benchmarks had another rough day on Monday as Sensex crashed 1,457 points and Nifty tumbled more than 400 points to settle at 15,774.
Sensex and Nifty crashed more than 2.50 per cent each tracking extremely weak global cues. The selloff eroded more than Rs 6.65 lakh crore of wealth.
At the interbank foreign exchange, the rupee opened at 78.20 against the American dollar, then lost ground to quote at 78.29 -- its record low level, registering a fall of 36 paise from the last close.
LIC share is likely to remain under pressure this week as the lock-in period for anchor investors has ended.
Sensex and Nifty crashed more than 2.50% each tracking weak global markets and unrelenting foreign fund outflows.
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