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Weak global cues push back Sensex, Nifty

| | Jan 21, 2016, at 10:24 pm
Mumbai, Jan 21 (IBNS): The Indian stock market continues to disappoint investors, with the BSE Sensex down 99.83 points to close at 23962.21 and the Nifty down 32.50 points to close at at 7276.80 on Thursday, largely due to weak global cues.

The Sensex ended below 24000 for first time since May 2014.

During the afternoon, despite the volatility, the market recovered with the Sensex rising 3.90 points to 24065.94 and the Nifty up 4.35 points to 7313.65.

Top gainers included Axis Bank, Tata Steel, Wipro, SBI and Infosys while top losers included Tata Motors, Dr Reddy's Labs, Maruti, Coal India and ONGC among the Sensex stocks.

Asian equity markets too ended Thursday in the red affected by the global turmoil and the decline in Chinese stock markets.

 

Image: Wikimedia Commons

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