MARKET UPDATE: Sensex tumbled over 700 points to trade around 59,081 levels while Nifty50 declined over 200 points to trade below 17,400 levels
Published On: Friday, March 10, 2023 | By: Team KnowMyStock
Opening Bell: The Indian markets opened lower in today's(10 March 2023) trade, amid weak global cues. Key indices Nifty50 declined over 200 points to trade below 17,400 levels, whereas the S&P BSE Sensex tumbled over 700 points to trade around 59,081 levels. Broader markets, too, edged lower as Nifty Midcap 100 and Nifty Smallcap 100 indices lowered over 1 percent each. Volatility gauge, India VIX, meanwhile, climbed over 7 percent.
Sectorally, all sectors plunged in the sea of red, with Nifty Metal index being the worst hit, over 2 per cent.
Among individual stocks, shares of Swan Energy surged over 6 per cent after the company’s subsidiary - Triumph Offshore Private signed an agreement to lease out its floating storage regasification vessel to Botas of Turkey.
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