MARKET UPDATE:Sensex traded at 58,828 levels, while Nifty50 opened flat to trade above 17,500 levels
Published On: Monday, September 19, 2022 | By: Team KnowMyStock
Opening Bell: Indian equity markets opened flat today ( 19 September 2022) amid weak global cues due to rate hike fears. Key indices Nifty50 opened flat to trade above 17,500 levels and the S&P BSE Sensex traded at 58,828 levels. Broader markets, too, edged lower in the trade as Nifty SmallCap 100 and Nifty MidCap100 declined up to 1 percent. Barring Nifty PSU Bank, all sectors nosedived in negative territory. Nifty Media, Nifty Pharma, and Nifty Realty indices dropped the most - up to 1 percent. While Bajaj Finserv, Infosys, and Axis Bank, helped trim losses for the benchmark indices; HCL Technologies, Asian Paints, Dr. Reddy's, and Titan, contributed to the sharp cuts.
Among individual stocks, shares of ONGC gained 1 per cent in a volatile market after the company sought to scrap windfall profit tax levied on domestically produced crude oil from the government.
Besides, shares of Granules India gained over 2 per cent after the company plans to launch their Rs 250 crore share buyback offer on September 27.
We are on Telegram!
JOIN our telegram channel to receive updates on Financial News and Stock and FNO Tips.
Click Here!
Follow Us On:
