Wednesday, May 25, 2022
The key benchmark indices in Indian markets erased all opening gains and turned flat in today's(25 May 2022) trade amid muted global sentiment.
The BSE Sensex and the NSE Nifty50 were around the flatline, holding 54,050, and 16,130 levels, respectively.
Asian Paints, IT majors-TCS, Wipro, Infosys, Tech M, and HCL Tech were the top losers on the 30-share index, slipping 1-3 percent.
The broader markets were underperforming the benchmarks. The BSE MidCap and SmallCap indices pared gains and fell 0.8 percent and 1.2 percent, respectively.
Sector-wise, banking indices on BSE- bankex, finance, and private bank- rose 1 percent each, leading to the gains. While Nifty IT extended its fall, down 2 percent tracking Nasdaq's losses on Tuesday.
