Sensex, Nifty50 Off Day’S Lows Helped By Hcl Tech, Maruti Suzuki

Stock Market LIVE Updates

: Indian equity benchmarks BSE Sensex and NSE Nifty50 started Friday’s session sharply lower tracking weakness across global markets, as Fed Chairman Jerome Powell’s remark the US central bank will move aggressively to curb inflation brought back fears of steep hikes in pandemic-era interest rates. Losses across sectors pulled headline indices lower, with financial, IT and auto stocks being the biggest drags. Broader markets also weakened, with the Nifty Midcap 100 and Nifty Smallcap 100 indices beginning the day up to half a percent lower. Globally, news flow on the Russia-Ukraine war and rising COVID cases in parts of the world remained on investors’ radar.

(Edited by : Sandeep Singh)

First Published: IST

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