MARKET UPDATE: Sensex dips 200 points, Nifty below 9,200; Oil marketing companies tumble

Published On: Wednesday, May 6, 2020 | By: Team KnowMyStock

Equity markets in India slipped today (6th May 2020) amid mixed global cues, dragged lower by oil marketing companies and FMCG stocks. Oil marketing companies' shares declined after the Centre hiked excise duty on petrol and diesel and asked the OMCs to absorb the price hike. BPCL crashed 9 per cent while HPCL tumbled 10 percent. The S&P BSE Sensex fell 274 points to 31,180 levels while the Nifty50 index gave up 9,200. ITC (down 5%) and Axis Bank (down 4%) were the top Sensex laggards. The Nifty sectoral indices were largely in the red, led by the Nifty FMCG index, down 2.3 per cent. Today, a total of six companies, including YES Bank and Kansai Nerolac Paints, are set to declare their quarterly numbers.

Closing Bell: Sensex gains 85 points, Nifty at 18755.90

Closing Bell:Sensex gains 418 points, Nifty at 18716.15

MARKET UPDATE: Sensex rose 135 points to 62761, and the NSE Nifty50 moved 40 points higher to 18,600

Closing Bell: Sensex down 223 points, Nifty at 18,563

MARKET UPDATE: Sensex surged over 100 points to trade around 62,962 levels, whereas Nifty50 climbed over 30 points to trade above 18,650 levels

MARKET UPDATE: Sensex gained over 50 points to trade around 63,228 levels, whereas Nifty50 traded marginally above 18,700 levels

MARKET UPDATE: Sensex surged over 150 points to trade around 62,988 levels, whereas Nifty50 gained over 50 points to trade above 18,650 levels

MARKET UPDATE: Sensex traded flat at 62,777 levels, whereas Nifty50 was flat above 18,600 levels

Closing Bell: Sensex up 240 points, Nifty at 18593.85

MARKET UPDATE: Sensex rallied over 300 points, whereas Nifty50 gained over 50 points to trade above 18,600 levels

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