Optimistic buying by participants ahead of industrial production and inflation numbers to be released later this week too supported the rally.
Benchmark BSE Sensex advanced by 195 points in early session on Monday on continuous buying by domestic institutional investors amid strong global leads.
Investors' wealth on Dalal Street, in market capitalization of BSE-listed firms, fell by nearly Rs 6 lakh crore from Rs 111 lakh crore to Rs 105 lakh crore.
The markets have swung wildly through the morning as results for the US election came in - the Sensex, after crashing 1600 points recovered to about 550 points down and then again crashed about 1,000 points. All before 11 am on Wednesday.
Mumbai Sensex Might Fall To 22,000 By The End of Current Fiscal Year, Says Ambit Capital newsreporter.in
Mumbai: According to a report given by financial services firm Ambit Capital, it is predicted that the BSE Sensex may fall to 22,000 levels by end of the current fiscal year, due to Brexit woes.
China seizing Brexit as an opportunity to decisively devalue its currency and Europe facing a recession.
Investors around the world went into crisis mode as results showed British voters have chosen to leave the European Union in a stunning decision.
Amid extremely volatile trading, the pound plunged more than 11% to below $1.33, its lowest level since at least 1985. The euro also fell heavily.
Stock markets extends losses, Sensex falls 312 points to 26,323 and Nifty declines 88 points to 8,082 in morning trade on Monday tracking weak global cues.
The fall in the index was led by losses in ICICI Bank, ITC, Axis Bank, and Tata Motors.
The Nifty50 slipped below its crucial support level of 8100 weighed down by losses in realty, power, oil & gas, capital goods, banks, and auto stocks.
Mumbai, Feb 17 : The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a negative note during the morning session of the trade.
The Sensex of the S&P Bombay Stock Exchange (BSE) after opening at 23,237.23 points touched a high of 23.241.88 and a low of 23.129.76 points in the morning.
Disappointing results from State Bank of India (SBI), amid global weakness, dragged the BSE Sensex to its lowest close in 21 months. The benchmark index posted its biggest single-day fall since August 24, 2015, slumping 807.07 points, or 3.40 per cent, to 22,951.83 at the close on Thursday. The broader Nifty fell 239.35 points, or 3.32 per cent, to close at 6,976.35.
Investor sentiment was affected after SBI reported a 62 per cent drop in its net profit to Rs.1,115 crore owing to an increase in bad loans. The lender saw fresh slippage of more than Rs. 20,000 crore, which took its gross non-performing assets to a staggering Rs.72,792 crore or 5.1 per cent of its total loans.
Mumbai, Feb 12 : A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), on Friday was trading 13.82 points or 0.06 percent down during the morning session.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading 19.05 points or 0.27 percent down at 6,957.30 points.
Sensex dips 174 points, records a three-week low
The Indian Share market has remained under pressure for the third consecutive day. Sensex dipped 174 points closing at a three week low of 25,406.33. The Nifty dipped 46.40 points at 7741.00. Around 1412 shares advanced, 1505 shares declined and 109 shares remained unchanged.
Mumbai, Dec 21 : A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), was trading 21.82 points, or 0.09 percent down during Monday's morning session.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading 3 points, or 0.04 percent down at 7,758.95 points.
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