MARKET UPDATE: Sensex fell 200 points to 62,643, and the Nifty slipped 60 points to 18,630
Published On: Monday, December 5, 2022 | By: Team KnowMyStock
The Indian equities traded with nominal losses today( 5 December 2022), underperforming other Asian markets that gained on hopes of ease in China's Covid-19 restrictions. The BSE Sensex fell 200 points to 62,643, and the NSE Nifty50 slipped 60 points to 18,630. HDFC, HUL, Asian Paints, Nestle, Power Grid, M&M, and TCS were the top laggards on the Sensex, down up to 1 percent, while SBI Life and Hero Moto were the additional Nifty losers. On the downside, Tata Steel, IndusInd Bank, SBI, ICICI Bank, NTPC, Hindalco, JSW Steel, and UPL were the top outperformers across the two frontline indices.
The broader markets, meanwhile, outweighed benchmarks. The BSE MidCap and SmallCap indices rose up to 0.6 per cent.
Sectorwise, Nifty metal rose the most with over a 1 per cent gain, followed by PSB and realty indices. Remaining pockets held minor losses. Among stocks, Ion Exchange rose nearly 4 per cent after the company bagged a Rs 343.36 crore order from Indian Oil Corporation.
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