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After gyrating 461.6 points during the day, the 30-share BSE Sensex eked out a marginal gain of 14.54 points or 0.02 per cent to settle at 66,023.69
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Equity benchmark indices declined in early trade on Monday amid a weak trend in global markets
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Even after the recent correction, Nifty is trading around 20 times FY 24 earnings, making India the most expensive market in the world, says V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services
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Equity benchmark indices rebounded in early trade on Friday after a three-day decline but later gave up initial gains to quote in the negative territory
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Tech Mahindra, Bharti Airtel, Infosys, Asian Paints, Hindustan Unilever, Larsen & Toubro and Titan were the gainers.
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At the Nifty, only 10 companies managed to make advances, while 40 witnessed declines.
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Snapping its 11-day rally, the 30-share BSE Sensex fell 241.79 points or 0.36 per cent to settle at 67,596.84
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ITI was the best performing small cap stock during the week in the Nifty 250 Small Cap Index with a gain of 57.9 per cent
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Rallying for the 11th day running, the 30-share BSE Sensex jumped 319.63 points or 0.47 per cent to settle at a record closing of 67,838.63
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The BSE gauge had climbed 52.01 points or 0.08 per cent to settle at 67,519 on Thursday.
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Indian stock indices touched fresh highs on Friday, largely due to strong overnight cues from US markets and consistent fund inflows by foreign portfolio investors
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Retail inflation declined to 6.83 per cent in August after touching a 15-month high of 7.44 per cent in July, mainly due to softening prices of vegetables, but still remains above the Reserve Bank's comfort zone.
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Nifty witnessed a strong session to create history touching the psychological and important 20,000 landmark during the intraday session
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Indian stock indices extended gains from the previous session, with Nifty touching its all-time high
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The successful G20 summit and buying in index majors Reliance Industries and HDFC Bank also added to the winning momentum in equities
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Robust flows from the local investors amidst mixed and negative flows from foreigners have helped Nifty achieve this landmark, he said. Successful achievements recently in space and foreign diplomacy by India has boosted sentiments for Indian stocks generally in an era when the global situation is still shaky.
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Nifty is likely to make another attempt at a new record high trying to conquer the psychological market of 20,000
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Nifty has been gaining strength and is inching closer towards its life high of 19,992, says Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services
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In a positive outlook for the Indian stock markets, Morgan Stanley recently stated its expectation of key indices rising by 10 per cent by the time of the next general elections in the summer of 2024, further fueling optimism among investors.
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The BSE Sensex declined 45.66 points to 65,734.60 in early trade. The Nifty slipped 12.75 points to 19,562.15.