The Sensex fell 1,939 points, or 3.80 per cent, to end at 49,100 -- its biggest loss since May 4 last year -- while the Nifty closed at 14,529, down 568 points, or 3.76 per cent
In 2012, India had seen foreign portfolio investor (FPI) flows of Rs 1.3 trillion ($24.5 billion) and in 2013 about Rs 1.1 trillion ($20 billion)
The 'Island Reversal' pattern formed by Sensex, Nifty, and Nifty PSU Bank index usually indicates a strong reversal in trend
A whopping increase in FPI inflows also boosted risk appetite, traders said. Foreign institutional investors purchased shares worth a net Rs 28,739.17 crore on Wednesday, according to exchange data
Stock exchanges should be better prepared
Nifty gains 2%, ends at 14,982
From an intraday trade perspective, technical analysts use 5 mins, 10 mins, 15 mins, 30 mins, or 60 mins time frame on charts.
After gyrating 667.46 points during the day, the 30-share BSE Sensex ended just 7.09 points or 0.01 per cent higher at 49,751.41
Tumbles 2.3% in fifth straight day of loss amid rise in bond yields, Covid cases
Sensex down 2.4% in four sessions
Banking and finance stocks bore the brunt of heavy selling, with HDFC twins being the top drags on the Sensex for the second day
Technical indicators suggest further upside in the S&P BSE Oil and Gas index towards 15,800 to 16,000 levels.
Equity indices buckled under selling pressure for the second straight session on Wednesday as risk appetite remained subdued amid a bearish trend overseas
Markets have been volatile since the past few sessions with the S&P BSE Sensex giving up the 52,000 levels after a record run since March 2020 low
Index up 13% this month as FPIs pump in Rs 20,000 crore
The Sensex rose 1.6 per cent for the week. Last week, the index had jumped 9.6 per cent - its biggest weekly climb in 10 months
Brent Crude has surged more than 60 per cent since November, crossing $61 a barrel for the first time in 13 months
The index closed with EPS of Rs 361, down from the recent high of around Rs 378
Whenever, the +D and -D make a crossover, the trend is expected to shift in a more concrete manner in the respective trend in all time frames
After rallying 487 points to touch its lifetime intra-day high of 51,835.86, the 30-share BSE Sensex pared all gains to end 19.69 points or 0.04 per cent lower at 51,329.08