Get latest articles and stories on India at LatestLY. Benchmark equity indices Sensex and Nifty declined nearly 1 per cent on Wednesday, continuing their losing streak for the fourth day running amid profit-taking by cautious investors ahead of the results of the Lok Sabha polls and weak global trends. The 30-share BSE Sensex declined 667.55 points or 0.89 per cent to settle at 74,502.90. The index declined below the 75,000 mark to hit the day's low of 74,454.55, plunging 715.9 points or 0.95 per cent. The BSE benchmark hit its all-time peak of 76,009.68 on May 27. The NSE Nifty dropped 183.45 points or 0.80 per cent to 22,704.70 amid high volatility. The 50-share barometer hit its lifetime high of 23,110.80 on Monday. From the Sensex pack, Tech Mahindra, ICICI Bank, Bajaj Finserv, HDFC Bank, UltraTech Cement, Axis Bank, Reliance Industries and Infosys were the biggest laggards. Power Grid, Sun Pharma, Nestle, ITC and Bharti Airtel were the ga
According to provisional data from the exchanges, FIIs bought Rs 14,162 crore and sold Rs 20,004 crore. Meanwhile, DIIs picked up Rs 12,954 crore in shares and dropped Rs 7,720 crore worth of equity in the session.
Extending the falling streak to the third day in a row, benchmark BSE Sensex declined by 220 points in volatile trade on Tuesday due to profit-taking in power, oil and capital goods shares ahead of results of Lok Sabha polls. After gyrating between gains and losses during the day, the 30-share BSE Sensex ended 220.05 points or 0.29 per cent lower at 75,170.45. During the day, it hit a high of 75,585.40 and a low of 75,083.22.
Indian stock indices continued their rally, reaching yet another fresh lifetime high on Monday tracking strong global market cues, hopes of Prime Minister Narendra Modi's comfortable return to office, besides other strong macroeconomic fundamentals. Stock Market Update: Investors Bet on Indian Stocks Expecting PM Narendra Modi's Return to Office, Indices at Fresh High.