Earlier on Friday, BSE Sensex soared 1,359.51 points, or 1.63 per cent, to an all-time high of 84,544.31. Similarly, Nifty also surged 375.15 points, or 1.48 per cent, to close at a record 25,790.95 on Friday.
For the first time at closing, Sensex crossed 83,000. It is for the second consecutive day that the Sensex has hit a record high. Meanwhile Nifty also touched an all-time high on Tuesday
Market closing update: Rallying for the sixth straight session, the BSE benchmark Sensex climbed 141.34 points or 0.18 per cent to settle at a new closing peak of 77,478.93. The Nifty rose 51 points or 0.22 per cent to settle at its fresh closing high of 23,567.
On the Sensex, stocks of NTPC, PowerGrid, Tata Steel, IndusInd Bank, and Tata Motors witnessed significant gains, while Airtel, ICICI Bank, Maruti, and Asian Paints ended in the red.
Banking shares faced significant selling pressure as all 12 Nifty Bank index constituents traded with cuts. The selling activity was triggered by negative commentary on HDFC Bank's below-par third quarter figures, impacting sentiment across the sector.
The Sensex rose by 30.99 points, while the Nifty index climbed by 31.85 points on Tuesday.
Earlier this week, rating agency Fitch reduced India's projected gross domestic product growth for the current fiscal year from 7.8% to 7% due to a slowdown brought on by increased inflation, global economic stress, and tighter RBI monetary policy.
The 30-share BSE Sensex jumped 433.30 points or 0.82 per cent to settle at 53,161.28. During the day, it rallied 781.52 points or 1.48 per cent to 53,509.50.
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 30-share BSE benchmark surged 427.79 points or 0.78 per cent to close at 55,320.28. During the day, the benchmark hit a high of 55,366.84 and a low of 54,507.41.
The 30-share BSE barometer tanked 566.09 points or 0.94 per cent to finish at 59,610.41. During the day, it plunged 666.66 points or 1.10 per cent to 59,509.84.
The 30-share Sensex surged 1,736.21 points or 3.08 per cent to end at 58,142.05 – recouping the losses suffered on Monday. Likewise, the NSE Nifty soared 509.65 points or 3.03 per cent to settle at 17,352.45.
Benchmark indices started the session weak as investors remained cautious assets ahead of RBI's policy meet. However, the selling pressure deepened in the afternoon trade, they added.
SBI was the top loser in the Sensex pack, shedding nearly 2 per cent, followed by M&M, NTPC, Kotak Bank, Bajaj Finserv, HDFC and PowerGrid.
Starting off on a high note, the 30-share index soared to trade briefly above the key 58,000-level in afternoon trade, before plunging to a low of 57,119.28. After fighting bouts of volatility towards the fag-end of the session, the index finally closed 76.71 points or 0.13 per cent lower at 57,200.23.
The 30-share BSE index ended 581.21 points or 1.00 per cent lower at 57,276.94. Similarly, the broader NSE Nifty plunged 167.80 points or 0.97 per cent to 17,110.15.
Benchmark indices started the session on a weaker note and the selling intensified during afternoon trade, with almost all sectoral indices ending in the red.
A depreciating rupee and continued selling by foreign investors also affected the market sentiment.
Starting off on a positive note, the 30-share BSE benchmark hit the day's high of 60,427.36, before ending at 60,395.63, higher by 650.98 points or 1.09 per cent.
The 30-share index ended 142.81 points or 0.24 per cent higher at 59,744.65. Similarly, the NSE Nifty rose 66.80 points or 0.38 per cent to close at 17,812.70.
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