In Asia, bourses in Tokyo, Hong Kong, Seoul and Shanghai were trading with deep losses in mid-session deals. Stock exchanges in the US finished sharply lower in the overnight session.
Sensex ended 314.04 points or 0.52 per cent lower at 60,008.33, extending losses for the second straight day. Similarly, the Nifty fell by 100.55 points or 0.56 per cent to 17,898.65.
Interestingly, both the 50,000 level and 60,000 mark have been breached in 2021, showing the resilience of the market amid the COVID-19 devastation.
Halting its three-day winning run, the rupee on Wednesday declined by 10 paise to close at 74.59 (provisional) against the US dollar.
The 30-share BSE index was trading 325.15 points or 0.65 per cent lower at 49,726.29, and the broader NSE Nifty declined 94.60 points or 0.64 per cent to 14,720.15.
Equity benchmark indices traded at flat levels during thin year-end trading on Thursday with IT and FMCG stocks losing steam.
Key benchmark indices Sensex and Nifty were trading flat in the early session on the last trading day of 2020 with IT and FMCG stocks cancelling out gains made by financials and energy shares.
Equity benchmark indices moved up 0.7 per cent during early hours on December 29 as foreign fund flows seemed unstoppable and the global cues equally supportive.
Equity benchmark indices hit fresh highs during early hours on Monday amid positive global cues after US President Donald Trump signed into law a 2.3 trillion dollar pandemic aid and spending package.
Equity benchmark indices witnessed volatility during early hours on Friday tracking mixed Asian trends which defied a broader global rally. The BSE SandP Sensex opened at 47,026 but levelled 147 points or 0.31 per cent lower to 46,743 at 10:15 am.
Equity benchmark indices traded with thin gains during early hours on Thursday amid mixed global cues ahead of the weekly options expiry.
Equity benchmark indices dropped by 0.7 per cent during early hours on Tuesday as traders booked profits amid weak signals from Asian markets.
Rising for the third straight session, the Sensex rallied 355 points on Wednesday following gains in Reliance Industries, Infosys, and Kotak Bank amid a positive trend in global markets ahead of the outcome of the US presidential elections.
Equity benchmark Sensex rallied over 300 points in opening trade on Monday tracking strong gains in HDFC twins, ICICI Bank and Axis Bank amid positive cues from global markets.
Equity benchmark indices ticked up by over half per cent during early hours on Wednesday following mixed global cues amid uncertainty on US stimulus package and surging coronavirus cases.
Equity benchmark indices traded higher during early hours on Tuesday as Asian stock markets rose to a two-week high after US President Donald Trump was discharged from hospital following treatment for COVID-19.
Equity benchmark indices traded higher during early hours on Friday amid mixed cues from their Asian peers.
Equity benchmark indices traded lower during early hours on Thursday on the back of weak global cues after the US Federal Reserve indicated the interest rate could stay close to zero for years.
Equity benchmark indices traded firm during early hours on Monday on the back of positive global cues as hopes of a coronavirus vaccine were rekindled after AstraZeneca resumed its phase three trial. At 10:15 am, the BSE SandP Sensex was up by 273 points or 0.7 per cent at 39,127 while the Nifty 50 gained by 69 points or 0.6 per cent at 11,534.Except for Nifty pharma and FMCG.
Equity benchmark indices closed in the negative zone on September 09 following losses in Asian markets after yesterday's rout in Wall Street. Forecasts of double-digit contraction by several global rating agencies in FY21 GDP, rising coronavirus case
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