Tag: bearish global cues

MARKET UPDATE: Sensex down 133 points at 57,759 and Nifty at 17,246, lower by 58 points

Friday, February 18, 2022
The Indian benchmark indices started to trade lower for the third session in tandem with the bearish global cues on the rising Russian-Ukraine conflict. The BSE Sensex was down 133 points at 57,759 and the NSE Nifty was at 17,246, lower by 58 points. Among the Sensex-30 constituents, NTPC, Maruti, M&M, Tata Steel, L&T, PowerGrid, IndusInd Bank, and SBI were the top gainers, trading up between 0.4-1 percent. On the Nifty, Coal India, UPL were the additional gainers, up 2 percent and 1 percent, respectively. On the downside, Cipla, Wipro, Tech M, Nestle, Infosys, HCL Tech, Ultratech Cement, HDFC Bank, TCS, Asian Paints, meanwhile, were the top losers, down up to 1 percent. In the broader markets, the BSE MidCap and SmallCap indices were also in the negative territory, down 0.4 percent each. The volatility index climbed 5 percent as investors grew jittery. Read more