In today’s market update, we delve into the current state of the stock market as the Sensex and Nifty indices navigate through turbulent waters. Despite opening with slight losses, these key equity benchmarks remain resilient, closely monitoring global market conditions.
Key Index Figures
At 9:51 AM, the BSE Sensex stands at 67,196, down 24 points, while the NSE Nifty trades at 19,990, marking a 3.45% decline from the previous session’s close.
Winners and Losers on Sensex
On the 30-share Sensex platform, notable losers include M&M, ICICI Bank, Bajaj Finserv, Asian Paints, L&T, Maruti, and SBI. In contrast, early gainers feature ITC, Nestle, UltraCemco, PowerGrid, Titan, and Reliance. Additionally, KEC International exhibits remarkable performance with a 9% surge following the acquisition of orders worth Rs 1,012 crore.
Broader Market Trends
The broader market presents a mixed picture, with the BSE Midcap index holding steady and the Smallcap index demonstrating a 0.8% recovery from its previous day’s 4% decline.
While FMCG and Oil & Gas sectors shine amidst the market’s challenges, all other sectoral indices are trading in the red.
Previous Session Recap
In the previous session on Tuesday, the Sensex closed at 67,221, recording a gain of 94 points, while the NSE Nifty50 concluded at 19,993, with a marginal drop of 3 points.
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