The Sensex rebounded over 145 points while the broader NSE Nifty settled above the 11,000-mark today, driven by a spurt in IT and pharma counters.
Benchmark BSE Sensex rebounded over 145 points to close at 36,496.37 today while the broader NSE Nifty settled above the 11,000-mark on widespread gains led by IT and pharma stocks.
Sensex ended lower by 22.21 points at 36,351.23, while the NSE Nifty shed 23.35 points to 10,957.10.
The BSE Sensex tumbled from its all-time high to end 147 points lower at 36,373.44 in choppy trade today after a no-confidence motion against the government was moved in the Lok Sabha.
The Sensex today rebounded by over 196 points to close at 36,519.96 as oil, metal and PSU stocks rallied after a sharp drop in global crude oil prices.
Market benchmark BSE Sensex dropped by around 218 points or 0.60 per cent due to continued sell-off in banking, pharma, and metal stocks amid foreign fund outflows and weak Asian cues.
Quarterly earnings from blue chips such as Hindustan Unilever and Kotak Mahindra Bank, inflation data, trend in crude oil prices and global cues will be key determinants for the stock market movement this week, say experts.
Continuing their selling spree, foreign investors have pulled out nearly Rs 1,200 crore from the debt markets in the first two weeks of the month on higher fuel prices and possibilities of rate hike by the US Federal Reserve.
The BSE Sensex retreated from record high to end flat at 36,541.63 today as investors booked profits in recent gainers despite firm global cues.
Sensex defied gravity for the fifth straight session to close at a fresh lifetime high today as investors poured money into energy and financial shares amid a robust start to the earnings season.