Mumbai: The domestic stock market today witnessed a strong recovery in the last hours from lower levels. The Nifty improved nearly 200 points from the day’s low to close at 14,930. The Sensex closed down at the level of 50,395 with a correction of 595 points. Also, Nifty Bank improved 751 from the bottom to close at 35,183. In today’s session, there was pressure on pharma, auto, oil-gas stocks. While metal, IT, power, consumer durables stocks were bought.
At the end of trading, Sensex has fallen by 397 points, or 0.78 per cent, to close at 50,395.08. At the same time, the Nifty has closed at 14,929.50, down by 101.45 points, or 0.67 per cent. Small and midcap stocks were also sold. The midcap has fallen 163 points to close at the level of 23,952. At the same time, Bank Nifty has fallen 314 points to close at the level of 35,183.
