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Taking Stock | Bears back in action; Nifty ends below 17,100; Sensex dives 537 points

More than 100 stocks, including Reliance Industries, Schaeffler India, Omaxe, and Adani Enterprises, touched their 52-week high on the BSE.

April 27, 2022 / 05:02 PM IST

After seeing a recovery in the previous session, the bears again took charge of the Dalal Street with benchmark indices falling nearly one percent in the volatile session on April 27, amid selling across the sectors.

Amid weak global markets, the Indian equity market opened on a negative note with extended selling in the afternoon session. However, the market saw some recovery in the second half.

At close, the Sensex was down 537.22 points or 0.94 percent at 56,819.39, and the Nifty was down 162.40 points or 0.94 percent at 17,038.40.

"The market continued to be gripped by high volatility following a heavy selloff in the global markets led by an intensified energy crisis, and weak Chinese economic outlook underpinned by prospects of US rate hikes," said Vinod Nair, Head of Research at Geojit Financial Services.

Sensex59,932.24224.16 +0.38%
Nifty 5017,610.40-5.90 -0.03%
Nifty Bank40,669.30156.30 +0.39%
Nifty 50 17,610.40 -5.90 (-0.03%)
Thu, Feb 02, 2023
Biggest GainerPricesChangeChange%
ITC378.6017.20 +4.76%
Biggest LoserPricesChangeChange%
Adani Enterpris1,565.25-570.10 -26.70%
Best SectorPricesChangeChange%
Nifty FMCG45981.601023.30 +2.28%
Worst SectorPricesChangeChange%
Nifty Metal5908.20-268.85 -4.35%