MARKET UPDATE: Sensex fell over 1,000 points to 54,668, while Nifty shed 316 points to 16,366
Published On: Friday, May 6, 2022 | By: Team KnowMyStock
The domestic benchmark indices suffered deep losses today(6 May 2022) following the sharp losses in the US markets overnight and Asian stocks this morning. The BSE Sensex fell over 1,000 points to 54,668, while the NSE Nifty shed 316 points to 16,366. All frontline stocks were in the red. Among the Sensex-30 shares, Bajaj Twins, Maruti, Wipro, Ultratech Cement, HCL Tech, Axis Bank, Infosys, HUL, and Tata Steel were the top losers, down up to 3 percent.
Tata Motors, Hindalco, and Apollo Hopsitals were the additional laggards on the Nifty50. In the broader markets, the BSE MidCap and SmallCap indices fell up to 2.2 per cent.
Sectorwise, Nifty consumer durables, realty, IT, auto, financials, and metals were down 2-3 per cent. Remaining sectors also held sharp losses.
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