MARKET UPDATE: Sensex fell 200 points to 62,934, and the NSE Nifty50 slipped 95 points to 18,716


Published On: Friday, December 2, 2022 | By:

MARKET UPDATE: Sensex fell 200 points to 62,934, and the NSE Nifty50 slipped 95 points to 18,716

The Indian equities held losses in today's(December 2022) trade following a weak open in line with falling global markets. The BSE Sensex fell 200 points to 62,934, and the NSE Nifty50 slipped 95 points to 18,716. Maruti, Ultratech Cement, HDFC, Power Grid, TCS, ICICI Bank, and HUL led losses on the Sensex, down up to 1.6 percent, while Eicher Motors and Divi's Labs were the top additional drags on the Nifty, up to 2 percent lower. On the flip side, IndusInd Bank, RIL, ONGC, Hindalco, BPCL, Tata Steel, and Dr. Reddy were the handful of gainers across the two benchmark indices.

In the broader markets, the BSE MidCap index was flat, while the SmallCap index was up 0.2 per cent.

Within sectors, Nifty oil & gas, realty, metal and media indices were the only pockets in green. Auto, Financials slipped the most.

Among stocks, Yes Bank rose 2 per cent after the RBI gave a conditional approval for its stake sale to Carlyle and Advent International. 

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