MARKET UPDATE: Sensex fell 729 points to 56,467, and Nifty slipped 224 points to 16,950


Published On: Monday, April 25, 2022 | By:

MARKET UPDATE: Sensex fell 729 points to 56,467, and Nifty slipped 224 points to 16,950

The Indian key benchmark indices started today's(25 April 2022) session with deep cuts tracking downbeat global sentiment. The BSE Sensex fell 729 points to 56,467, and the NSE Nifty50 slipped 224 points to 16,950. Barring ICICI Bank and NTPC, all other Sensex stocks were in red, led by losses in HUL, IndusInd Bank, Bajaj Finance, HDFC twins, Wipro, Tata Steel, and Tech M, down up to 3 percent. Along with the two Sensex gainers, auto stocks were also outperforming the weak market with Bajaj Auto, HeroMoto, Maruti, and M&M being the top Nifty winners. The broader markets also opened in the red. The BSE MidCap and SmallCap indices fell up to 1.2 percent.

Sectorally, Nifty IT, FMCG, Realty, and Metals tanked up to 2 per cent. On the other hand, the auto pack held ground and was largely flat.

Among stocks, Religare Enterprises rose 4 per cent. The NBFC said that it has paid Rs 5.41 crore to market regulator Sebi to settle its past cases.

Mahindra CIE Automotive also gained 3 per cent ahead of its Q4 results later today. 

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