Stock Market Updates: Sensex Down 100 Points, Nifty Below 22,500; JM Financial Tanks 9% – News18

Benchmark indices began on a flat observe with a constructive bias on Monday regardless of wobbly world cues. The S&P BSE Sensex gained 15 factors, or 0.02 per cent, in early deal to cite at 74,134 ranges. The Nifty50, on the ither hand, gained 10 factors, or 0.04 per cent, to commerce at 22,503.

Ultratech Cement, Bharti Airtel, Bajaj Finance, Bajaj Finserv, ITC, and Asian Paints have been seen supporting the frontline indices.

In the broader markets, the BSE MidCap index added 0.31 per cent, whereas the BSE SmallCap index edged 0.14 per cent greater.

Among sectors, the Nifty Realty, Pharma, and FMCG indices have been among the many high gainers, rising as much as 1.7 per cent. The Nifty Metal, in the meantime, led the losses, falling 0.6 per cent.

Global Cues

In Asia, Japan’s Nikkei index fell beneath the 39,900 mark after slipping practically 2.40 per cent on Monday morning. South Korea’s Kospi began off the week in pink, with the index falling by 0.21 per cent.

Meanwhile within the US, the S&P 500 index fell by 33.67 factors, or 0.65 per cent, and the Nasdaq composite declined by 166 factors, down 1.16 per cent from its earlier shut.