The stock market regained its momentum in the last trading session of the week, closing notably higher after a drastic collapse on Thursday despite continued foreign investors selling woes. The BSE Sensex gained 760 points 0.

Stock market crash: The Indian stock market saw a massive crash during the afternoon trading hours on Thursday, November 28, 2024. At 2:50 pm IST, the benchmark BSE Sensex fell by a whopping 1,163.92 points or by 1.45%, reaching 79,070.16.

Majority of the Adani group firms ended higher, with Adani Green Energy soaring 21.72 per cent, and Adani Energy Solutions surging 15.56 per cent on the BSE.

For the week, BSE Sensex and Nifty gained 1 percent each, while for the month of November, Sensex added 0.5 percent, while Nifty slipped 0.30 percent.

Bharti Airtel surged 3.82 per cent to Rs 1,620. Sun Pharma advanced 2.87 per cent to Rs 1,784 while Mahindra & Mahindra added 2.32 per cent to Rs 2,963 apiece. Larsen & Toubro, RIL and JSW Steel gained up to 2 per cent.

The S P BSE Sensex surged 663 points to reach 79,702.09 by 10:33 am, while the NSE Nifty50 climbed 154.60 points to trade at 24,084.95.

Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Friday a day after the stock market crash. While BSE Sensex was ip around 200 points, Nifty50 was near 24,000.

The BSE Sensex opened 12-odd points lower at 79,032, and soon jumped over 150 points to 79,200 levels. The NSE Nifty quoted around 23,960 – up 50 points. Following yesterday’s sharp sell-off, investors are likely to remain nimble footed in today’s trading session,

Market analysts express concerns about Nifty's downward trend, with support around 23,600 and potential declines towards 23,500. Bank Nifty shows weakness, with critical support at 51,800. Caution is advised amidst geopolitical tensions and inflation worries.

Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 closed at 23,914.15, while Sensex ended at 79,043.74.