MARKET UPDATE: Sensex fell 140 points to 61,730, and Nifty slipped 37 points to 18,366
Published On: Wednesday, November 16, 2022 | By: Team KnowMyStock
Equity markets in India opened lower today (16 November 2022) tracking losses in other Asian markets, which declined as reports of Russian missile striking Poland raised geo-political tensions. The BSE Sensex fell 140 points to 61,730, and the NSE Nifty50 slipped 37 points to 18,366.
The broader markets, meanwhile, outperformed frontline indices. The BSE MidCap and SmallCap indices were up to 0.22 percent higher.
Sectorwise, Nifty Oil & Gas weakened the most, down 0.5 percent. FMCG, Financials also edged lower. While the Auto, PSB, and Consumer Durable indices gained.
Among stocks, Bharat Electronics rose nearly 2 percent after the company signed 4 separate MoUs to supply defense equipment.