BusinessPhoto: NDTV BusinessSensex and Nifty 50 Trade Lower Amid Mixed Global Cues
On Monday, Indian stock indices Sensex and Nifty 50 traded lower, with Sensex falling over 300 points and Nifty 50 slipping below 22,500. Bank Nifty declined by 0.5% to above 55,000. Broader markets outperformed, with Nifty Smallcap 100 rising over 1% and Nifty Midcap 100 up 0.5%. Sectors like Auto, Metals, Realty, Oil & Gas, and Pharma gained, while FMCG, IT, and PSU Banks faced selling pressure. The rupee appreciated 97 paise to 95.76 against the US dollar after RBI support measures. Global markets showed mixed trends amid US-Russia diesel supply deal and Russia-Ukraine energy ceasefire.
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