Nifty 50 Falls 67 Points at Noon; Sensex Down 242 as U.S.-Iran Tensions Weigh on Sentiment

Nifty 50 Falls 67 Points at Noon; Sensex Down 242 as U.S.-Iran Tensions Weigh on Sentiment

As of 12:00 PM, the Nifty 50 declined 67 points, or 0.28 per cent, to 24,171.50, while the Sensex was down 242.37 points, or 0.31 per cent, at 77,466.15.

Key Takeaways

The Indian stock market traded in a narrow range during the afternoon session on Tuesday as escalating U.S.-Iran tensions continued to dampen investor sentiment.

As of 12:00 PM, the Nifty 50 declined 67 points, or 0.28 per cent, to 24,171.50, while the Sensex was down 242.37 points, or 0.31 per cent, at 77,466.15.

Among the Nifty 50 constituents, Infosys, HDFC Bank, and Max Healthcare Institute emerged as the Top Losers, weighing on the benchmark indices.

The broader market, however, showed relative resilience. The Nifty MidCap index traded 0.09 per cent higher, while the Nifty SmallCap index gained 0.26 per cent.

On the sectoral front, Nifty Cement outperformed with a gain of 1 per cent. In contrast, Nifty IT and Nifty Auto were the weakest-performing sectoral indices during the session.

Disclaimer: The article is for informational purposes only and not investment advice.