Mumbai, Jan 6: Equity benchmarks pared initial gains to end lower on Friday, recording their third day of decline, amid weak trend in IT counters. The 30-share BSE Sensex tumbled 452.90 points or 0.75 per cent to settle at 59,900.37. During the day, it tanked 683.36 points or 1.13 per cent to 59,669.91. The broader NSE Nifty went lower by 132.70 points or 0.74 per cent to end at 17,859.45. From the Sensex pack, Tata Consultancy Services, Bajaj Finserv, IndusInd […]
The Sensex tumbled for the third straight session to close below the 60,000-mark on Friday, ending the first week of the new year with losses amid concerns over elevated inflation and continued monetary policy tightening.
The NSE Nifty 50 index closed 0.92 per cent higher at 15,699.25, while the S&P BSE Sensex climbed 0.88 per cent to 52,727.98. Both the indexes posted weekly gains of 2.7 per cent, , stock market, sensex, nifty
Equity markets may face volatility this week amid monthly derivatives expiry, and global trends along with the ongoing quarterly earnings by corporates would continue to play a major role in trading movement, analysts said.