The Indian key benchmark indices were trading with deep cuts today(19 May 2022) in tune with the sharp global selloff. The BSE Sensex sank 1000 points to 53,180, and the NSE Nifty tanked 300 points to 15,920.
The broader markets were also weak in line with frontline indices. The BSE MidCap and SmallCap indices slumped up to 2 percent.
The market breadth was extremely negative with 1,170 stocks declining as against 423 rising on the BSE. The India VIX surged 9 percent to 24 levels indicating high nervousness among investors.
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