BSE Sensex and Nifty50, the Indian equity benchmark indices, tanked in trade on Friday. While BSE Sensex went below 79,400, Nifty5

At the close of trading, the Sensex was down by 720.60 points, or 0.90 per cent, at 79,223.11, and the Nifty dropped 183.90 points, or 0.76 per cent, to end at 24,004.75

Indian stock market benchmarks, Sensex and Nifty 50, faced significant losses on January 3 due to profit booking and a strengthening US dollar. The Sensex dropped over 700 points, while the Nifty 50 fell 200 points amid selling pressure across several sectors.

The BSE Sensex fell 614 points, or 0.77 per cent to close at 79,330.14. Nifty declined 168.80 points, or 0.7 per cent, to 24,019.85. This is even as 2,136 BSE-listed stocks gained against 1,499 that slid so far.

BSE Sensex and Nifty50, the Indian equity benchmark indices, rallied strongly in trade on Thursday. While BSE Sensex was above 79,800, Nifty50 moved above 24,150.

Despite losses in Asian markets, Indian benchmark equity indices rose sharply on Thursday; Know key reasons why Sensex, Nifty are rising

Indian stock market, on Thursday, continued their upward momentum, with benchmark indices climbing more than 1% each. The Sensex soared over 1,000 points, while the Nifty 50 crossed the critical 23,950 mark,