Nifty closed on a high note as it made a fantastic recovery in the last half an hour. It closed marginally lower on a close-to-close basis but gained about 240 points from its day’s low.

Indices closed higher amid volatility at the end of the day. Nifty bounced back sharply in the latter half of the session and closed higher by 0.93 per cent.

Yesterday, markets experienced a significant drop and finished in the red. However, several sectors have outperformed the markets. Continue reading to learn more.

On Monday, the headline equity indices i.e. Sensex and Nifty ended higher by almost 2 per cent.

The stock has been gaining for the past five consecutive sessions, and has gained over 25.75 per cent. 

On Wednesday, the headline equity indices, Sensex and Nifty ended slightly lower after a positive opening in the morning session of the trade.  

The global markets plunged 3 per cent as the fears of an impending recession were confirmed by the inflation data, released by the US for the month of April.

On Tuesday, the headline equity indices i.e. Sensex and Nifty ended on a lower note after gaining almost 0.50 per cent in the afternoon session.  The European markets have opened in the green whereas the Rupee crossed the Rs 77 per dollar mark and is trading at Rs 77.33.  

On Tuesday, the headline equity indices i.e. Sensex and Nifty ended on a higher note by regaining their lost levels of Monday.  

At 11.30 am on Wednesday, the core equity indices i.e., Sensex & Nifty 50 were trading higher by almost 1 per cent each as the dollar rose higher and the IMF cut the growth forecast by almost a per cent, owing to the effects of the ongoing war in several countries.