Monday, September 26, 2022
Opening Bell: Indian equity markets opened lower today(26 September 2022) as sentiments remain muted overseas. Key indices Nifty50 shed over 200 points to trade below 17,100 levels and the S&P BSE Sensex declined over 750 points to trade at 57,282 levels.
Weakness was observed in broader markets, too, as Nifty MidCap 100 and Nifty SmallCap 100 indices dropped over 2 percent each.
All sectors were in red with Nifty Auto, Nifty Metal, and Nifty Realty indices bearing the brunt of the worst sell-off.
While HUL, Bajaj Finserv, Infosys, Nestle India, and Ultratech Cement, attempted to trim losses for the benchmark indices; Power Grid, M&M, Maruti Suzuki, Tata Steel, and Wipro contributed to the sharp cuts.
Among individual stocks, shares of Goa Carbon gained over 2 percent in a weak market after the company planned to mull fundraise on Thursday, September 29.
