Stock Market Update: Sensex Down 200 Points, Nifty Below 22,100; Mankind Pharma Dips 3% – News18

Sensex Today: Equity markets started on a tepid note Tuesday amid a largely muted trend in Asia. The S&P BSE Sensex index quoted 191 points lower at 72,641 levels, while the Nifty50 opened at 22,048, down 49 points.

HCL Tech, M&M, Bajaj Finance, Tata Motors, and Bajaj Finserv were the top gainers on the Sensex, while Power Grid, NTPC, Maruti Suzuki, Bharti Airtel, and Titan were the top laggards.

In the broader markets, the BSE MidCap and SmallCap indices were seen outperforming the benchmark indices, quoting 0.13 per cent and 0.24 per cent higher, respectively.

Among sectors, the Nifty FMCG index fell 0.6 per cent, followed by the Nifty Bank (0.3 per cent). On the upside, the Nifty Auto, and Metal indices added 0.4 per cent each.

Global Cues

Stocks in Asia were mixed after US equities pulled back from a rally that drove the S&P 500 Index to multiple records, spurring speculation the market has gone too far, too fast. Japanese equities swung between gains and losses, while shares in Australia declined.

US stocks lost ground at the start of a holiday-shortened week on Monday as investors positioned themselves ahead of inflation data. All three major US stock indexes ended the session in the red, with the blue-chip Dow suffering the largest percentage loss.