Sensex loses over 3,000 points in 5 days as bears hammer market

Published On: Thursday, January 28, 2021 | By: Team KnowMyStock

Bears continued to strengthen their grip on the market as they sold whatever they could get their hands on, sending benchmark indices lower for another day ahead of the Union Budget. At the intraday low of 46,518.48, the 30-scrip S&P BSE Sensex index lost around 3000 points in five days. Foreign investors have decidedly turned negative on India withdrawing money from equities for the third day in a row. Traders are also unwinding their long positions in tandem, putting further pressure on the market. Markets, globally, have turned weak following the steady decline in the US market. The heightened speculative activity in certain segments in US markets has become an area of concern. Back home, in India, the third day of consecutive selling by FIIs have turned the market mood bearish. According to experts, the budget uncertainty will keep the bulls in restraint.

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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