The Indian markets fell for a fifth day on Monday as bond yields continued to rise and the possibility of fresh lockdown to tackle the new wave of coronavirus loomed in some states. The Sensex tumbled 1,145 points, or 2.3 per cent the most in two months to end at 49,744, the lowest close since February 2. The index has lost 2,410 points, or 4.6 per cent, in the last five sessions. The Nifty50 index fell to 14,676, down 306 points, or 2.04 per cent. The India VIX (volatility index) surged 14.5 per cent to finish at 25.47. At the close of trade on Monday, the market capitalisation of BSE-listed companies stood at Rs 200.26 trillion, with investor wealth declining by Rs 3.7 trillion compared to the previous closing.
Weekly Dossier | Pramod Gubbi, Nischal Maheshwari, Nilesh Shah & others on market trends
The S&P BSE Sensex fell 0.3 percent, while the Nifty50 was down by 0.4 percent in the week gone by but a bigger cut was seen in the small and midcaps.
Representative image | Source: Pixabay
The S&P BSE Sensex climbed mount 50k and the Nifty50 breached 14,750 in the week gone by but profit-taking towards the end pushed the indices in the red.
The S&P BSE Sensex fell 0.3 percent and the Nifty50 0.4 percent but it were the small and midcap that took a hard knock. The BSE midcap index fell 0.7 percent and the smallcap index was down 1.3 percent for the week ended January 22.
Nifty tops 14,000, 5 key factors that kept market happy and high in a gloomy 2020
The road ahead will depend on how the economy fares in days to come and how quickly the vaccine becomes available to the masses. December 31, 2020 / 11:57 AM IST
The year 2020 is going out with a bang, at least for the Indian equity markets, with the benchmark Nifty hitting the never-seen-before 14,000-mark in the morning trade on December 31.
The Nifty s journey this year, like all things in 2020, has been volatile it has jumped over 86 percent from the level of 7,511 it sunk to in March 2020.
The bull run is likely to continue in 2021 and both the Sensex and the Nifty look poised to scale new peaks.