Last updated: December 29, 2022, 9:24 AM IST
FILE PHOTO: A man looks at a screen across a road with the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai, India, June 29, 2015. REUTERS/Danish Siddiqui
Sensex Today: Domestic markets opened with cuts on Thursday amid weak global signals and lukewarm foreign flows.
Sensex Today: Domestic markets opened with cuts on Thursday amid weak global signals and lukewarm foreign flows.
Major indices Nifty50 fell more than 50 points to trade below 18,050 levels, while the S&P BSE Sensex fell more than 300 points to trade at 60,608 levels.
Broader markets also lost together as the Nifty MidCap 100 and Nifty SmallCap 100 indices fell as much as 0.4 percent. The volatility gauge, India VIX, climbed more than 1 percent.
Apart from the Nifty Pharma index, which made marginal gains in a weak market, all sectors plunged into the sea of red.
Global signals
Globally, US stock markets fell overnight as traders anticipated an early recession in 2023. Dow Jones, NASDAQ Composite and the S&P 500 indices each closed more than 1 percent lower.
Markets in Asia Pacific were also lower this morning, with Nikkei 225, Kospi, Topix and the S&P 200 indices falling as much as 0.8 percent.
In the commodity market, prices of Brent Crude and WTI Crude rose 0.6 percent to $82 a barrel and $78 a barrel, respectively, amid demand concerns following the resurgence of Covid-19 cases in China.
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