Share Market Update: Sensex Up 400 Points, Nifty Around 18,000; key points

Last Update: December 29, 2022, 10:20 IST

FILE PHOTO: A man looks across the street at a screen displaying the Sensex on the façade of the Bombay Stock Exchange (BSE) building in Mumbai, India, June 29, 2015. Reuters/Danish Siddiqui

Sensex Today: Domestic markets opened with a decline on Thursday amid weak global cues and weak foreign inflows.

Sensex Today: Domestic markets opened with losses on Thursday amid weak global cues and weak foreign inflows.

The major index Nifty 50 is trading below the level of 18,050, down by 50 points, while the S&P BSE Sensex is trading down by 300 points at 60,608.

Mass markets also lost along with smelly The Midcap 100 and Nifty Smallcap 100 indices fell up to 0.4 per cent. volatility gauge, India The VIX climbed more than 1 percent.

Barring Nifty Pharma index, which posted marginal gains in a weak market, all sectors sank in the red sea.

global signal

Globally, US equity markets declined overnight as traders expected an early recession in 2023. The Dow Jones, NASDAQ Composite and S&P 500 each closed down more than 1 percent.

Asia-Pacific markets were also lower this morning with the Nikkei 225, Kospi, Topix and S&P 200 indices down up to 0.8 per cent.

In the commodities market, Brent crude and WTI crude prices fell up to 0.6 per cent to USD 82 per barrel and USD 78 per barrel, respectively, amid demand concerns following resurgence in COVID-19 cases in China.

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