CLOSING BELL:Sensex at 55,702, up 33 points while Nifty closed at 16,683, up 5 points
Published On: Thursday, May 5, 2022 | By: Team KnowMyStock
Indian equity indices pared their gains at the fag-end of the session and ended flat as US index futures indicated a subdued start on Wall Street later today. The S&P BSE Sensex declined 865 points from the day's high to end at 55,702, up 33 points or 0.06 percent on the BSE. The NSE Nifty50, meanwhile, shut shop at 16,683, up 5 points or 0.03 percent, after hitting a high of 16,946 earlier today. Tech M, Hero MotoCorp, Infosys, HCL Technologies, Wipro, and Tata Steel were the top Nifty gainers, rising 2-4 percent on the NSE. IndusInd Bank, Tata Consumer Products, Britannia Industries, Nestle India, Ultratech Cement, Sun Pharma, Eicher Motors, and RIL were the top laggards, down in the equivalent range.
In the broader market, the BSE MidCap and SmallCap indices fell up to 0.27 per cent. Sectorally, the Nifty Realty index fell 2 per cent, followed by the Nifty Pharma index (down 0.95 per cent), and the Nifty PSU Bank index (down 0.8 per cent). The Nifty IT index, on the contrary, added 2 per cent.
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