MARKET UPDATE: Sensex fell 200 points to 52,677, while Nifty slipped 40 points to 15,730
Published On: Tuesday, June 14, 2022 | By: Team KnowMyStock
The Indian markets opened with nominal losses today (14 June 2022) as a global sell-off continued overnight in the US and across Asia this morning. The BSE Sensex fell 200 points to 52,677, while the NSE Nifty slipped 40 points to 15,730. Tech M, Asian Paints, HDFC twins, Wipro, Infosys, ICICI Bank, and Kotak Bank led losses on the Sensex, while Tata Motors, HDFC Life, and HeroMoto Corp were the additional laggards on the Nifty. On the upside, Bharti Airtel, M&M, L&T, NTPC, PowerGrid, Dr. Reddy's, Tata Steel, ITC, Adani Ports, and Grasim were the top gainers, lending strength to the benchmarks.
The broader markets, however, showed signs of a recovery. The BSE MidCap and SmallCap indices were in the positive territory, rising up to 0.4 per cent.
Sector-wise, Nifty Realty, Financials and Consumer Durables held the highest losses, down up to a per cent. Nifty Metals and FMCG were muted.
Among stocks, Berger Paints slipped 1 per cent. The company anticipates a loss between Rs 75 lakh and 1 crore due to the accidental fire at the factory outlet in Howrah, West Bengal. However, the loss was fully recovered by insurance as the total sum assured for the Howrah factory was Rs 218 crore, it said.
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