Nifty 50, Sensex Pare Losses as Consumer Durable Shares Advance
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As of 2:00 PM, the Sensex fell 81.62 points, or 0.1 per cent, to 77,998.34, while the Nifty 50 declined 11.60 points, or 0.05 per cent, to 24,383.10.
✨ Key Takeaways
The benchmark indices pared losses from the day's low in afternoon trade, supported by gains in consumer durable shares.
As of 2:00 PM, the Sensex fell 81.62 points, or 0.1 per cent, to 77,998.34, while the Nifty 50 declined 11.60 points, or 0.05 per cent, to 24,383.10.
Tata Motors Passenger Vehicles, Max Healthcare Institute and Hindalco Industries were among the Top Losers on the Nifty 50. The declines in these stocks weighed on the benchmark index.
In the broader market, the Nifty MidCap index was down 0.45 per cent, while the Nifty SmallCap index declined 0.55 per cent, indicating continued weakness beyond the frontline indices.
Among sectors, the Nifty Metal index underperformed, while the Nifty Consumer Durables index emerged as the top performer, helping the benchmark indices recover from their day's lows.
Disclaimer: The article is for informational purposes only and not investment advice.