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The 30-share BSE Sensex fell by 790.34 points or 1.08 per cent to settle at 72,304.88 with 26 of its constituents ending in the red and four in the green.
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In early trading, the 30-share BSE Sensex rose 83.06 points to reach 73,178.28, while the Nifty increased by 27.95 points to 22,226.30. However, both indices later experienced fluctuations, swinging between highs and lows.
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The 30-share Sensex dropped 158.57 points, or 0.22%, to 72,984.23, while the broader Nifty fell 33.20 points, or 0.15%, to 22,179.50.
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The 30-share Sensex climbed 99.44 points or 0.14 per cent to 73,257.68 points while the broader Nifty gained 18.30 points or 0.08 per cent to 22,235.75 points.
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After opening on a sluggish note, Sensex turned positive and rose 7.58 points or 0.01 per cent to 72,630.67 points. But the 30-share benchmark soon reversed the momentum and fell sharply by 381.94 points or 0.53 per cent to 72,241.15 points.
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Sensex Gains 0.08%, Nifty Up 0.1% in Early Trade
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The 30-share Sensex rose 23.96 points or 0.03 per cent to 72,450.60 points, with 16 constituents trading in the green. Bharti Airtel and Bajaj Finance climbed over 1 per cent.
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The 30-share Sensex climbed 306.34 points or 0.43 per cent to 72,356.72 points and the broader 50-share Nifty rose 81.05 or 0.37 per cent to 21,991.80 points.
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The 30-share benchmark Sensex gained 115.89 points or 0.16 per cent to 71,938.72 points while the broader Nifty climbed 36.90 points or 0.17 per cent to 21,876.95 points.
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The broader 50-share Nifty tumbled 187.85 points or 0.86 per cent to 21,555.40 points while the 30-share Sensex crashed 675.79 points or 0.94 per cent to 70,879.40 points.
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30-share BSE Sensex rises 122.61 points, Nifty up 45.45 points in early trade.
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BSE Sensex Surges 321.42 Points, Nifty Climbs 80.55 Points in Early Trade
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BSE Sensex Surges 373.12 Points, Nifty Up 123.9 Points in Early Trade
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Sensex was trading at 72,422.09 points, up 776.79 points or 1.08 per cent.
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Nifty took a downturn of 243.30 points, kicking off at 21,786.00. Market sentiments were strongly bearish, reflecting concerns about the economic outlook.
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V.K. Vijayakumar, Chief Investment Strategist, Geojit Financial Services. The sharp bounce in large cap IT stocks on the back of slightly positive management commentary indicates that an underperforming segment can surprise on the upside on news of a turnaround in the sector, he said.
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The company's market valuation also jumped Rs 46,810.44 crore to reach Rs 17,92,872.53 crore.
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Nifty showed a significant rise of 110.65 points, commencing at 21,556.50. Nifty companies witnessed 32 advances and 17 declines, showcasing a diverse market sentiment.
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By the end of the week, the share lost some ground and closed at Rs 292.40, a gain of Rs 12.40 or 4.43 per cent. The fifth share to list was RBZ Jewellers Limited.
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This surge propelled the benchmark to comfortably overcome significant obstacles, resulting in the formation of a long bull candle on the daily charts