Sensex falls 379 points on second consecutive day of 2024, Nifty closes at 71,613 points
January 02, 2024 17:25 ISTThe BSE gauge eked out a modest gain of 31.68 points or 0.04 per cent to settle at 72,271.94 after a muted beginning on Monday.
The BSE gauge eked out a modest gain of 31.68 points or 0.04 per cent to settle at 72,271.94 after a muted beginning on Monday.
In the early trade, the 30-share BSE Sensex declined 202.76 points to 72,069.18. Meanwhile, the Nifty also fell by 42.9 points to 21,699 points.
Stock markets update: In the early trade, the 30-share BSE Sensex declined 207.29 points to 72,032.97. Meanwhile, the Nifty also fell by 46.65 points to 21,684.75 points.
The 30-share BSE Sensex fell 170.12 points or 0.23 per cent to settle at 72,240.26 after a weak beginning to the trade. Meanwhile, the rupee paired all its early gains to end on a flat note at 83.20 against the US dollar.
Among the Sensex firms, Kotak Mahindra Bank, Titan, State Bank of India, Power Grid, Reliance Industries, Infosys, and NTPC were the major laggards.
Market update news: European markets were trading marginally lower. The US markets ended in the green on Wednesday (December 27). Global oil benchmark Brent crude declined 0.73 per cent to USD 79.07 a barrel.
The 30-share BSE Sensex jumped 358.79 points to settle at 70,865.10. The Nifty rallied 104.90 points or 0.50 per cent to 21,255.05. Meanwhile, the rupee fell by 9 paise to settle at 83.27 against the US dollar on Thursday.
The subsequent market movements will be closely watched for insights into investor sentiment and potential shifts in the financial landscape.
The 30-share BSE Sensex crashed 930.88 points to settle at 70,506.31. The index opened higher and later gained 475.88 points or 0.66 per cent to hit its all-time high of 71,913.07.
In Asian markets, Seoul, Tokyo, and Hong Kong experienced positive trends, while Shanghai traded lower. Meanwhile, the US markets closed in the green on Tuesday.
The 30-share BSE Sensex climbed 122.10 points to settle at 71,437.19. During the day, it jumped 308.62 points to reach its all-time intra-day high of 71,623.71. The Nifty climbed 86.4 points to hit its record peak of 21,505.05. It finally closed higher by 34.45 points at 21,453.10.
In the morning session on Tuesday, benchmark stock market indices in India opened marginally higher as the global rally showed signs of cooling down following a period of robust gains.
The 30-share BSE Sensex jumped 969.55 points to settle at its record closing high of 71,483.75. Meanwhile, the Nifty climbed 273.95 points to settle at its new closing high of 21,456.65.
The 30-share BSE Sensex ended higher by 929.60 points, while the Nifty gained 256.35 points.
As the trading day commences, the Sensex has a bearish start, opening at 69,518 points, while the Nifty records a slump, touching 20,906 points.
The surge was primarily fueled by the Reserve Bank's announcement, triggering substantial buying activities, especially in banking and other rate-sensitive stocks.
Business news: Among sectoral indices, IT, teck and bankex rose by 1.08 per cent, 0.97 per cent and 0.89 per cent, respectively. On the other hand, utilities lost by 1.72 per cent and power slid 1.58 per cent. Besides, FMCG fell 1.13 per cent, telecommunication declined 0.73 per cent.
According to current trends, the Bharatiya Janata Party (BJP) is leading in three states including Madhya Pradesh, Rajasthan and Chhattisgarh impact of which is likely to impact the stock market opening on Monday.
In the early trade, the 30-share BSE Sensex climbed 308.52 points to 67,296.96. Meanwhile, the Nifty was also up by 96.1 points to 20,229.25 points, reaching an all-time fresh high.
In the early trade, the 30-share BSE Sensex climbed 118.2 points to 67,020.11. Meanwhile, the Nifty was also up by 39.55 points to 20,136.15 points.
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