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Sensex and Nifty ended the day in the green after Finance Minister Nirmala Sitharaman's fourth consecutive Budget speech. Sensex ended 848 points higher at 58,862 and Nifty rose 237 points to 17,576.
Foreign institutional investors (FIIs) turned net buyers in the capital market, as they purchased shares worth Rs 244.87 crore on Tuesday.
On August 24, benchmark indices ended higher for the second straight session amid positive global cues. Sensex ended 403 points higher at 55,958 and Nifty gained 128 points to end at its record closing peak of 16,624
At 09:18 hours, the 30-share BSE index was trading 71 points or 0.13 per cent lower at 55,366.01, and the broader NSE Nifty was down 23.5 points or 0.14 per cent to 16,505.55
The truncated week had started with a surprising gap down on Monday due to some nervousness across the globe. As the day progressed, the selloff augmented, resulting in a close below the 15,800 mark for Nifty. In fact, a follow-through on the subsequent day pushed Nifty to test sub-15,600 levels. Fortunately, global peers witnessed a relief move which resulted in a V-shaped recovery in our markets. Eventually, Nifty ended the action-packed week with negligible losses. It’s been more than a month now that Nifty is trapped in a range of 500 points. This certainly is a slender range considerin...