Bulls vs Bears: Here's what to expect on Dalal Street today
Sensex tanked 215 points to end at 54,892 and Nifty fell 60 points to close at 16,356 in the previous session.
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Sensex tanked 215 points to end at 54,892 and Nifty fell 60 points to close at 16,356 in the previous session.
On Thursday Sensex dived over 1,500 points to hit an intraday low of 52,669.51 and Nifty also tanked over 400 points amid an extremely weak trend in the global markets.
On Friday, equity benchmark Sensex pared all intraday gains and closed 136.69 points or 0.26 per cent lower at 52,793.62.
The 30-share BSE Sensex tanked over 1000 points to hit an intraday low of 53,047.75. The NSE Nifty declined over 300 points to 15,848.10.
Sensex and Nifty ended deep in the red on Friday, weighed down by a selloff in US markets as investors were worried that higher interest rates the Federal Reserve was using in its fight against inflation could derail the economy.