Opening Bell: Nifty 50, Sensex Extend Losses as Crude Oil Prices Stay Firm
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As of 9:20 AM, the Sensex was down 202.74 points, or 0.26 per cent, at 77,951.51, while the Nifty 50 declined 63.85 points, or 0.26 per cent, to 24,407.85.
✨ Key Takeaways
The benchmark indices, Nifty 50 and Sensex, extended their losses in early trade on Wednesday as firm oil prices weighed on market sentiment. Uncertainty over a potential deal to reopen the Strait of Hormuz continued to keep investors cautious.
As of 9:20 AM, the Sensex was down 202.74 points, or 0.26 per cent, at 77,951.51, while the Nifty 50 declined 63.85 points, or 0.26 per cent, to 24,407.85.
Max Healthcare Institute, Bajaj Finserv and SBI Life Insurance Company emerged as the Top Losers on the Nifty 50, putting pressure on the benchmark index.
Disclaimer: The article is for informational purposes only and not investment advice.