New Delhi:
Sensex | Nifty 50, Share Market Highlights: Indian benchmark equity indices trimmed part of their losses by the close on Monday as Brent crude prices cooled from the day’s highs amid the ongoing US-Iran conflict.
The Nifty50 ended 1.73 per cent, or 422.40 points, lower at 24,028.05, while the Sensex settled down 1.71 per cent, or 1,352.74 points, at 77,566.16.
From its intraday low of 23,868.05, the Nifty50 recovered around 160 points. The Sensex, likewise, pared losses by 1,142.16 points from the day’s low of 76,424.55.
The Nifty50 has now slipped over 10 per cent from its record high of 26,373, touched on January 5, entering the technical correction zone.
Brent crude futures were trading 12.59 per cent higher at $104.35 per barrel, easing from the day’s peak of $120 per barrel.
Broader markets underperformed the headline indices. The Nifty MidCap and Nifty SmallCap indices ended down 1.97 per cent and 2.22 per cent, respectively.
Among sectors, the Nifty PSU Bank index was the worst performer, ending 3.97 per cent lower. In contrast, the Nifty IT index managed to stay in the green, edging up 0.08 per cent to close at 30,162.05.
Here are the Highlights of Stock Market | Sensex | Nifty 50:-
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