MARKET UPDATE: Sensex lowered over 300 points to trade at 61,502 levels and the Nifty50 declined over 50 points to trade below 18,350 levels
Published On: Tuesday, December 20, 2022 | By: Team KnowMyStock
Opening Bell: Indian markets opened lower in today's( 20 December 2022) trade amid weak global cues. Key indices Nifty50 declined over 50 points to trade below 18,350 levels, whereas the S&P BSE Sensex lowered over 300 points to trade at 61,502 levels. Broader markets, also, edged lower as Nifty MidCap 100 and Nifty SmallCap 100 indices fell up to 0.2 percent. Volatility gauge, India VIX, meanwhile, climbed over 1 percent. sector wise all sectors were in red, with Nifty IT and Nifty PSU Bank indices declining the most, up to 0.6 percent.
Among individual stocks, shares of NBCC India gained over 2 per cent after it bagged orders worth Rs 69.3 crore from Odisha Power Transmission Corporation. In addition, shares of IRB Infra rose over 1 per cent after the board called meeting on January 4 to mull proposal for a stock split.
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