MARKET UPDATE:Sensex tumbles 400 points, Nifty below 9,300

Published On: Thursday, May 14, 2020 | By: Team KnowMyStock

Markets in India declined over 1 percent today(14th May 2020), tracking weakness in global markets after Federal Reserve Chairman Jerome Powell warned of extended economic weakness due to the coronavirus pandemic. The S&P BSE Sensex was down 480 points, or 1.5 percent, to 31,500 levels and the Nifty50 index slid below 9,300. Infosys, Tech Mahindra, and Mahindra & Mahindra (all down 3%) were the top Sensex laggards. The Nifty sectoral trend was largely negative, led by the Nifty IT index, down over 2 percent. In comparison, the broader indices fared better. The BSE MidCap index gained 0.3 percent while the SmallCap index was trading 0.2 percent lower. 18 companies including Biocon, Escorts, and Manappuram Finance are scheduled to announce their results today.

Closing Bell: Sensex gains 85 points, Nifty at 18755.90

Closing Bell:Sensex gains 418 points, Nifty at 18716.15

MARKET UPDATE: Sensex rose 135 points to 62761, and the NSE Nifty50 moved 40 points higher to 18,600

Closing Bell: Sensex down 223 points, Nifty at 18,563

MARKET UPDATE: Sensex surged over 100 points to trade around 62,962 levels, whereas Nifty50 climbed over 30 points to trade above 18,650 levels

MARKET UPDATE: Sensex gained over 50 points to trade around 63,228 levels, whereas Nifty50 traded marginally above 18,700 levels

MARKET UPDATE: Sensex surged over 150 points to trade around 62,988 levels, whereas Nifty50 gained over 50 points to trade above 18,650 levels

MARKET UPDATE: Sensex traded flat at 62,777 levels, whereas Nifty50 was flat above 18,600 levels

Closing Bell: Sensex up 240 points, Nifty at 18593.85

MARKET UPDATE: Sensex rallied over 300 points, whereas Nifty50 gained over 50 points to trade above 18,600 levels

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