The BSE Sensex and Nifty50 ended the week on a bearish note as the rising crude prices and uncertainties about the global economic outlook amid the Russia-Ukraine war weighed on market sentiment.
The BSE Sensex and the NSE Nifty are set to open higher on Wednesday, tracking firm trading in Asian markets and rally in Wall Street overnight.
Among sectors, all indices closed in red, barring auto, while metal and oil and gas declined the most.
The recovery on Dalal Street has extended to the third session on Thursday, thanks to positive state election results and a retreat in commodity prices amid high-level talks between Russia and Ukraine
The benchmark indices, the Sensex and the Nifty, gained more than 2% a day ahead of state assembly election results in five states.
The BSE Sensex and the NSE Nifty are pointing to modest opening losses, following muted cues from Asia peers and bearish trends on SGX Nifty futures.
With brent crude trading near $130 a barrel and rupee hitting an all-time low of nearly 77 a dollar, the benchmark indices tumbled over 3% in early trade on Monday.
The BSE Sensex and the NSE Nifty are poised to start the week on a bearish note, following sharp losses across Asia and negative trends on SGX Nifty futures.
Titan Company, Maruti Suzuki India, Asian Paints, Mahindra & Mahindra and Hindustan Unilever were among the top five losers on the BSE Sensex, falling up to 5%.
The BSE Sensex and the NSE Nifty are poised to fall on Friday, following sharp losses across Asia and negative trends on SGX Nifty futures.
