Nifty shed nine points to close at 5,541.
In the first eight months of 2019, 70 per cent stocks in the BSE 500 universe were down. These stocks account for 94 per cent of India's total market capitalisation.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The benchmark indices surged by as much as 9% during the past week till Thursday to post their highest returns in 21 months, buoyed by the upbeat sentiment on the global market front.
The market breadth was negative. Out of 2940 stocks traded on the BSE, there were 1392 advancing stocks as against 1449 declines.
The Nifty ended at 5452, up 35 points. The market breadth was marginally positive. Out of 3085 stocks traded on the BSE, there were 1505 advancing stocks as against 1413 declines.
The broader markets underperformed; the midcap index ended at 6662, down 133 points and the smallcap index ended at 8131, down 193 points.
The weakness in the rupee and broader markets has led to evaporation in the market cap.
The European indices, including the FTSE, CAC and DAX, had trading in a directionless manner in the middle of the day.
These firms owe Rs 13 trillion to lenders and account for 55% of all non-financial corporate debt.
The Nifty ended below the 5700 mark at 5691, down 33 points.
The IT index had a cracker of a time to spurt around 2% and emerge as the leading gainer on the BSE.
The Nifty is down 33 points at 6,046. Earlier the day, the Sensex had opened in the green but quickly pared its initial gains on back of selling pressure in banking and auto shares.
The NSE Nifty was down 66 points at 6,080. In the broader markets, the midcaps and the smallcaps indexes were also down 1% each.
Several factors, like fear of FII withdrawals, high inflation numbers, telecom scam, RBI warning, etc, saw the markets plummet on Thursday.
The Nifty added 24 points to close at 5,556.
The Nifty regained the 6000k mark to end at 6,009, up 48 points.
The Nifty added 15 points to close at 5,532.
The market breadth was neutral.
S&P BSE Midcap index and S&P BSE Smallcap were down 2% and 1.3% respectively
The Nifty gained 31 points to end at 5,592.
