Opening Bell: Nifty 50, Sensex Fall Up to 0.35% as U.S.-Iran Deal Hopes Fade
At 9:18 AM, the Nifty 50 was down 75 points, or 0.3 per cent, at 24,510.45, while the Sensex declined 276 points, or 0.35 per cent, to 78,266.77.
✨ Key Takeaways
The Nifty 50 and Sensex opened lower on Tuesday as hopes of a deal between the U.S. and Iran weakened, weighing on investor sentiment. At 9:18 AM, the Nifty 50 was down 75 points, or 0.3 per cent, at 24,510.45, while the Sensex declined 276 points, or 0.35 per cent, to 78,266.77.
InterGlobe Aviation, Bajaj Finance and Shriram Finance were among the biggest losers in the Nifty 50 index during early trade.
In the broader market, the Nifty MidCap index was marginally lower by 0.02 per cent, while the Nifty SmallCap index gained 0.32 per cent, indicating relatively better performance among Small-Cap stocks.
Among sectors, Nifty Private Bank, Nifty Bank and Nifty Financial Services were the key underperformers. In contrast, Nifty IT and Nifty Metal traded higher and outperformed the broader market.
Disclaimer: The article is for informational purposes only and not investment advice.
