MARKET UPDATE:Sensex shed 100 points at 58,299 levels and the Nifty50 was down 30 points to trade below 17,400 mark


Published On: Monday, August 8, 2022 | By:

MARKET UPDATE:Sensex shed 100 points at 58,299 levels and the Nifty50 was down 30 points to trade below 17,400 mark

Opening Bell: Indian equity markets opened weak today's(8 August 2022) trade on BSE amid weak global sentiments. Benchmark indices Nifty50 was down 30 points to trade below the 17,400 mark, whereas the S&P BSE Sensex shed 100 points at 58,299 levels. Broader markets, too, reflected the tepid mood as Nifty Midcap 100 underperformed Nifty Smallcap 100 and lost 0.06 percent in trade. sector-wise, Nifty Metal, Nifty Pharma, and Nifty Auto defied the overall market mood. However, Nifty PSU Bank and Nifty Realty were bogged down in trade. Among individual stocks, shares of Titan gained over 1 percent after net profit jumped three-fold to Rs 790 crore in Q1FY23. Besides, shares of Adani Ports climbed 0.7 percent ahead of their Q1FY23 results.

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