MARKET UPDATE: Sensex dropped 90 points to trade around 60,767 levels while the Nifty50 was flat below 18,100 levels


Published On: Friday, January 20, 2023 | By:

MARKET UPDATE:  Sensex dropped 90 points to trade around 60,767 levels while the Nifty50 was flat below 18,100 levels

Indian equity markets were flat in today's(20 January 2023) intra-day trade amid mixed global cues. Key indices Nifty50 was flat below 18,100 levels, whereas the S&P BSE Sensex dropped 90 points to trade around 60,767 levels. Broader markets, too, were tepid in the trade as Nifty MidCap 100 and Nifty SmallCap 100 indices lowered up to 0.05 percent.

Sector-wise, Nifty Bank and Nifty Metal indices gained up to 0.5 per cent. However, Nifty FMCG and Nifty Auto indices declined up to 0.9 per cent.

Among individual stocks, shares of Reliance Industries (RIL) lowered 0.9 per cent ahead of third quarter results (Q3FY23).In addtion, shares of Hindustan Unilever (HUL) dipped 4 per cent after the board approved an increase in the payment of royalty and technical fees to its parent Unilever.


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