Opening Bell: Nifty 50 Falls 71 Points as Oil Prices Steady After U.S. Naval Blockade Threat
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As of 9:19 AM, the Sensex was down 311.35 points, or 0.4 per cent, at 77,768.61, while the Nifty 50 fell 71.15 points, or 0.29 per cent, to 24,324.70.
✨ Key Takeaways
The Nifty 50 and Sensex opened lower on Friday as oil prices steadied following the U.S.'s threat of an indefinite naval blockade, adding to concerns over global market sentiment.
As of 9:19 AM, the Sensex was down 311.35 points, or 0.4 per cent, at 77,768.61, while the Nifty 50 fell 71.15 points, or 0.29 per cent, to 24,324.70.
Tata Motors Passenger Vehicles, Max Healthcare Institute and Hindalco Industries were among the Top Losers on the Nifty 50. In the broader market, the Nifty MidCap and Nifty SmallCap indices declined 0.17 per cent and 0.01 per cent, respectively.
Among sectors, the Nifty Metal index underperformed, while the Nifty Consumer Durables index was the top performer.
Disclaimer: The article is for informational purposes only and not investment advice.