17 Feb , 2022 By : monika singh
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Indian equity markets opened higher amid mixed global cues as Russia Ukraine conflict concerns eased. At open, the Sensex was up 258.53 points or 0.45% at 58255.21, and the Nifty was up 92.10 points or 0.53% at 17414.30. Volatility could be the hallmark in today’s session until investors are certain that Russia will not invade Ukraine. Tata Motors, Wipro, IOC, Hero MotoCorp and Grasim Industries were among major gainers on the Nifty, while losers were HDFC Life, HDFC Bank, HUL, Britannia Industries and Dr Reddy’s Labs. In the broader markets, the BSE MidCap and SmallCap indices were also in the positive territory, up 0.5 per cent each.
Selling pressure in the final hour of the trade dragged the Indian equity benchmarks into the red on Thursday in a session that saw the market fluctuate between gains and losses as investors tracked the Ukraine crisis. At close, the Sensex was down 145.37 points, or 0.25 percent, at 57,996.68, and the Nifty was down 30.30 points, or 0.17 percent, at 17,322.20. The Sensex lost 573 points from the day’s high and Nifty 168 points. “This increase in volatility is likely to remain in the near term as market continues to focus on the geo-political developments around Russia and Ukraine. Other major factors like inflation and interest rate too continue dominate the Global narrative,” said Siddhartha Khemka, Head – Retail Research, Motilal Oswal Financial Services Ltd.
0 Comment