Markets ended in the red for the second straight day as the benchmark BSE Sensex slipped by about 44 points to end at 25,775.74 on offloading of positions by participants amid a mixed trend in Asia and a lower opening in Europe.
The benchmark Sensex today recorded its first drop in three sessions after fluctuations for better part of the session, falling over 49 points as caution prevailed ahead of derivatives expiry during a holiday-shortened week.
The 30-share barometer edged lower by 38.30 points or 0.14 per cent to 25,803.62 with banking, auto and capital goods leading the fall.
Trading sentiment improved after the government yesterday announced a 3 per cent interest subsidy scheme for exporters running for 5 years, brokers said.
BSE Sensex, reversing its 2-day rally, today fell almost 382 points to close at over a two-month low of 25,482.52, as worries persisted due to a deteriorating global risk environment and investors waited for US Fed minutes of the last policy meeting.
Rising for the second day in a row, the benchmark BSE Sensex today jumped over 104 points to 25,864.47, helped by value-buying in beaten-down stocks and a firm global trend after concerns about impact of Paris attacks receded.
Besides, the broad-based NSE Nifty reclaimed the 7,800-level to hit a high of 7,838.85 before settling at higher 7,806.60, 44.35 points or 0.57 per cent.
Rupee rallied for second straight session to close 21 paise higher at 66.10 against the US dollar.
In a similar fashion, the broad-based National Stock Exchange index Nifty slipped below the 7,900-level by losing 58.15 points, 0.73 per cent, at 7,857.05
InterGlobe Aviation had raised Rs 3,008.5 crore at issue price of Rs 765 per share from its recently concluded, over-subscribed initial public offering (IPO).
Currency expert Jamal Mecklai believes exporters and importers stayed away and that the currency slid primarily on position-taking by market participants.
Falling for the third straight day, the benchmark BSE Sensex today lost almost 39 points to close at over one-month low of 26,265.24 in a choppy trade today ahead of Bihar election results, which are due Sunday.
Markets today slumped for the second consecutive day, with Sensex losing almost 249 points to end at over one-month low of 26,304.20 and the NSE Nifty slipping below 8,000-mark due to continued selling by cautious investors ahead of the Bihar poll outcome.
The benchmark BSE Sensex slipped into the red today after a day's breather, as it dropped over 37 points to 26,552.92 -- its seventh fall in last eight sessions -- as traders booked profits despite a firming trend in Asia.
The gains marked a recovery from over a four-week low.
The 30-share barometer finally ended lower by 97.68 points, or 0.37 per cent, at 26,559.15 -- the lowest closing since October 1.
The benchmark BSE Sensex dropped for the sixth day today to record its longest losing run since June as foreign funds continued to offload shares amid weak corporate earnings and a sluggish global trend.
BSE Sensex slipped by 181 points to fall to a one-month low of 26,656.83 bogged down by weaker-than-expected quarterly numbers of heavyweights, ITC and L&T.
BSE Sensex slipped for a fourth session today by falling 201.62 points to crash below the 27,000-mark, ahead of the monthly derivative contracts expiry and as the US Federal Reserve hinted at a possible interest rate hike in December.
Retreating for the third session in a row, the benchmark BSE Sensex fell over 213 points to more than two-week low of 27,039.76 today as investors remained cautious ahead of the conclusion of the US Federal Reserve's meeting.
Sensex today fell by 109 points for the second straight session to close at near two-week low of 27,253.44 as weak global cues ahead of a US Fed meet added to the fall.
InterGlobe would be hitting the capital markets to raise Rs 3,018 crore through the initial public offering, the biggest in nearly three years.
The 30-share index, which had gained 183.15 points in the previous session, surged by 147.33 points, or 0.53 per cent, to 27,618.14 points in early trade.
Tracking firm global cues, the benchmark BSE Sensex today closed at over two-month high of 27,470.81 by surging over 183 points -- its fourth straight weekly gain -- after ECB signalled more stimulus by the end of this year.
The markets today fell for the second consecutive day despite a promising start and saw all its early gains wiped off as the benchmark BSE Sensex lost over 19 points after players chose to book profits.
Overall market breadth for the day remained negative as advances to declines ratio for Nifty stood at 17:33 for the day.
Retreating from its two-month high, the benchmark Sensex today recorded its first drop in three sessions, falling over 58 points in a highly volatile trade due to profit-booking in metal, oil and gas and pharma sector stocks amid a mixed trend in the global market.
Continuing its rising streak for the third straight session, the benchmark BSE Sensex surged over 150 points to close at about two-month high of 27,364.92, led by gains in Reliance Industries after the company posted its record earnings in the September quarter.
GoAir would be the second domestic carrier to come out with an IPO after rival IndiGo, which is all set for little over Rs 3,200-crore initial share sale on October 27 amid the season of companies queueing up to tap the capital marke
Ending three-day losing streak, the benchmark BSE Sensex today rebounded by 230.48 points to recapture the 27,000-level on the back of value buying in blue-chips led by auto, PSU and metal amid firm global trend.
The benchmark BSE Sensex fell over 133 points in early trade today due to selling in IT stocks after TCS' second quarter earnings failed to impress investors.
Sensex losers included ONGC, Hindalco, Vedanta, Tata Steel, Infosys, Bharti Airtel, GAIL, Sun Pharma, L&T, Hero MotoCorp, SBI, Tata Motors, HDFC Bank and HUL.
IT bellwether Infosys' shares erasing all its early gains ended 3.88 per cent down after it cut dollar revenue guidance for the financial year 2016 despite posting 9.8 per cent rise in net profit to Rs 3,398 crore for the second quarter.
Logging its first drop in seven days, the benchmark BSE Sensex today retreated from 1-1/2 months high after falling over 190 points to end below the 27,000- level, dragged down by profit-taking, tracking weak trend in other Asian markets.
The broader NSE Nifty gained 24.50 points or 0.30 per cent to settle at 8,177.40 after shuttling between 8,188.90 and 8,132.90.
Indian shares edged up for the fifth consecutive session today as the market benchmark Sensex rose by 147.33 points to 26,932.88 on sustained foreign fund inflows amid prospects of a delay in the US Fed rate hike.