Nifty 50 Falls 0.3%; Sensex Slips 291 Points as Oil Prices Steady
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As of 11 AM, the Sensex was down 291.16 points, or 0.37 per cent, at 77,788.80, while the Nifty 50 declined 73 points, or 0.3 per cent, to 24,322.85.
✨ Key Takeaways
The Nifty 50 and Sensex traded lower on Friday as oil prices steadied after the U.S. threatened an indefinite naval blockade, raising concerns over the impact of prolonged geopolitical tensions on global markets.
As of 11 AM, the Sensex was down 291.16 points, or 0.37 per cent, at 77,788.80, while the Nifty 50 declined 73 points, or 0.3 per cent, to 24,322.85.
Tata Motors Passenger Vehicles, Max Healthcare Institute and Hindalco Industries were the Top Losers on the Nifty 50.
In the broader market, the Nifty MidCap index fell 0.54 per cent, while the Nifty SmallCap index declined 0.46 per cent.
Among sectors, the Nifty Metal index was the biggest underperformer, while the Nifty Consumer Durables index outperformed the broader market.
Disclaimer: The article is for informational purposes only and not investment advice.