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Taking Stock | Nifty ends below 13,650; market corrects 7% in 6-day fall ahead of Budget

Only four stocks - IndusInd Bank, Sun Pharma, ICICI Bank and HDFC Bank - could manage to end in the green in the Sensex index.

January 29, 2021 / 04:44 PM IST
 
 
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Extending the losing streak into the sixth consecutive session, market benchmarks the Sensex and the Nifty closed with cuts of over a percent each on January 29.

The market ended in the red even as the Economic Survey 2021 projected India on track for economic recovery.

The survey pegged India's Gross Domestic Product (GDP) growth at 11 percent in 2021-22. The Indian economy is forecast to contract 7.7 percent in 2020-21, the survey said. The survey has predicted a V-shaped economic recovery.

After opening in the green, equity barometer Sensex witnessed strong bouts of volatility and remained on a shaky pitch for the entire session.

IndexPricesChangeChange%
Sensex59,500.41169.51 +0.29%
Nifty 5017,648.9544.60 +0.25%
Nifty Bank40,387.4542.15 +0.10%
Nifty 50 17,648.95 44.60 (0.25%)
Mon, Jan 30, 2023
Biggest GainerPricesChangeChange%
Adani Enterpris2,892.85131.40 +4.76%
Biggest LoserPricesChangeChange%
Power Grid Corp211.85-7.40 -3.38%
Best SectorPricesChangeChange%
Nifty IT30094.80328.30 +1.10%
Worst SectorPricesChangeChange%
Nifty Energy23434.70-735.25 -3.04%