NEW DELHI: Sensex on Thursday marginally recovers from Wednesday fall as it climbs 195.41 points to settle at 72,500.30 whereas Nifty closed at 21,982.80, after advancing 31.65 points.
Equity benchmark indices started flat on Indian bourses on Thursday amid weak global cue
in early morning trade. Sensex was trading at 72,394.97, after climbing 90 points whereas Nifty was at 21,945.30.
Reliance Industries, Maruti, Titan, Mahindra & Mahindra, IndusInd Bank, and State Bank of India were the major gainers among the Sensex firms, while Hindustan Unilever, Power Grid, Axis Bank, and Kotak Mahindra Bank were among the losers.
In Asian markets, Seoul, Tokyo, and Hong Kong traded lower, while Shanghai was in green. The US markets ended marginally lower on Wednesday.
According to exchange data, Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,879.23 crore on Wednesday.
“The market has suddenly turned unpredictable amidst high volatility. The volatility will continue today, too, being the last day of the monthly expiry,” said V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.
The global oil benchmark Brent crude declined 0.17 percent to USD 83.54 a barrel.
Sensex witnessed significant decline of more than 1% on Wednesday. Nifty also dropped below 22,000 level. This downward trend was primarily led by selling in Reliance Industries and bank stocks, as global market trends remained weak.
Sensex fell by 790.34 points or 1.08% to settle at 72,304.88, with 26 of its stocks ending in red and four in green. Nifty plunged by 247.20 points or 1.11% to settle at 21,951.15, with 46 shares declining and only four registered gains.
Equity benchmark indices started flat on Indian bourses on Thursday amid weak global cue
in early morning trade. Sensex was trading at 72,394.97, after climbing 90 points whereas Nifty was at 21,945.30.
Reliance Industries, Maruti, Titan, Mahindra & Mahindra, IndusInd Bank, and State Bank of India were the major gainers among the Sensex firms, while Hindustan Unilever, Power Grid, Axis Bank, and Kotak Mahindra Bank were among the losers.
In Asian markets, Seoul, Tokyo, and Hong Kong traded lower, while Shanghai was in green. The US markets ended marginally lower on Wednesday.
According to exchange data, Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,879.23 crore on Wednesday.
“The market has suddenly turned unpredictable amidst high volatility. The volatility will continue today, too, being the last day of the monthly expiry,” said V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.
The global oil benchmark Brent crude declined 0.17 percent to USD 83.54 a barrel.
Sensex witnessed significant decline of more than 1% on Wednesday. Nifty also dropped below 22,000 level. This downward trend was primarily led by selling in Reliance Industries and bank stocks, as global market trends remained weak.
Sensex fell by 790.34 points or 1.08% to settle at 72,304.88, with 26 of its stocks ending in red and four in green. Nifty plunged by 247.20 points or 1.11% to settle at 21,951.15, with 46 shares declining and only four registered gains.