Finance outlook india logo
Home News Exclusive Expert's Viewpoint Corporate Startup Fintech Personal Magazine Round Up 2025 Budget'24
  • Budget'25 Budget'24
    • Home
    • News

    Sensex Volatility: Swings 1,000 Points After Interim High, Closes Above 72,000


    Finance Outlook India Team | Saturday, 03 February 2024

    Following the interim Budget, the Sensex experienced significant volatility, ultimately closing above 72,000 but marking a slide of 1,000 points from its interim high. The market exhibited a 0.6% increase, primarily propelled by key players like Reliance Industries, Infosys, and TCS.

    The trading session after the budget announcement witnessed a roller coaster for the Sensex. The index opened higher on Friday, influenced by the previous day's gains in the US and positive trends in Asian markets. By mid-session, the Sensex surged over 1,400 points or 2%, surpassing the 73,000 level. However, profit-taking activities at elevated levels led to a late-session decline, resulting in a closing figure of 440 points or 0.6% higher.

    On the NSE, the Nifty also experienced a parallel trajectory, reaching a new all-time high of 22,127 points during the day but ultimately closing below the 22,000 mark at 21,854 points. The Nifty recorded a gain of 156 points or 0.7% by the end of the trading day.

    Ajit Mishra, representing Religare Broking, characterized the day's session as a roller coaster for participants. The leading indices displayed sharp oscillations, witnessing both highs and lows before concluding with modest gains. Despite the optimistic start with a gap-up opening, the Nifty, in particular, approached its record high but struggled to sustain that level, ultimately surrendering a substantial portion of its earlier gains by the session's close.



    Read More:

    Amazon Pay Enters Fixed Deposit Space With Up to 8% Returns

    Be Clinical Secures Seed Funding Led by V3 Ventures

    KNOWLEDGE DECK

    Most Viewed

    • The Economic Impact of India-Pakistan War: A Detailed Analysis

    • Why Financial Literacy Matters More Than Ever for Today's Youth

    • Prominent Financial Advisors in India to Partner With

    • Rags to Riches: The Top 6 Indian Entrepreneurs' Motivational Tales of Success

    • Navigating Financial Disruption With Future Proof Financial Service Deliverability

    • India's Rs 31 Lakh Cr Green Push: Building the Foundation of a Net-Zero Future

    • Wakhariya & Wakhariya: Facilitating International Legal Processes across Diverse Domains

    • Aligning Financial Strategies with Sustainable Business Goals

    • The Top 5 Highest-paid Actors in India - 2024

    • Central Government Proposes Tax on Agricultural Water Usage

    • Carpediem Capital Invests INR 100 Crore, CorporatEdge to Deploy INR 350 Crore in the next 3 Years

    • EPFO Registers All-Time High Member Addition of 20.06 Lakh in May 2025

    • Unearthing Intricacies of Today and Beyond in the Indian Insurance Sector

    • Expected Correction in Housing Prices to Revive Sales in Coming Quarters

    • How to Choose the Right Mutual Fund for your Financial Goals?

    • Future of Corporate Finance: Emerging Trends in Treasury Solutions and Cash Management for MNCs

    • ElasticRun Announces FY24 Financial Results: Key Details

    • Financial Inclusion in Viksit Bharat

    • Abans Financial Services Advises Vaishali Pharma on Strategic Acquisition of Kesar Pharma






    🍪 Do you like Cookies?

    We use cookies to ensure you get the best experience on our website. Read more...

    Copyright © 2026 Finance Outlook India. All rights reserved.   Privacy Policy Terms of Use Blogs Conferences Subscribe About Us