Home » Sensex Drops 450 Pts, Nifty50 Sinks Below 17,700; Hdfc Twins, Infosys Among Biggest Drags
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: Indian equity benchmarks BSE Sensex and NSE Nifty50 started Thursday’s session on a negative note tracking weakness across global markets. Losses in financial, IT, auto and consumer stocks pulled the headline indices lower though gains in metal and pharma names lent some support. Broader markets held on to the green, with the Nifty Midcap 100 and Nifty Smallcap 100 indices rising 0.4 percent and 0.3 percent respectively. Minutes of the Fed’s last policy meeting brought investors’ focus back to the prospect of aggressive tightening of COVID-era monetary policy, as news flow on the Russia-Ukraine crisis remained in the spotlight.
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