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Sensex, Nifty Extend Losses To Sixth Day In Volatile Trade

Sensex, Nifty Extend Losses To Sixth Day In Volatile Trade

NDTV
Friday, May 13, 2022 10:33:34 AM UTC

Indian equity benchmarks on Friday extended their fall for the sixth straight day as losses in banking, financial and metal stocks countered gains in automobile, consumer goods and pharma.

Indian equity benchmarks on Friday extended their fall for the sixth straight day as losses in banking, financial and metal stocks countered gains in automobile, consumer goods and pharma. The domestic indices plunged into the red during late deals.

Investors remained worried amid the persistently high inflation and hawkish policy stance by central banks.

The 30-share BSE Sensex slipped 137 points or 0.26 per cent to close at 52,794, while the broader NSE Nifty moved 26 points or 0.16 per cent down to settle at 15,782. Sensex swung in a band of 1,131 points during today's session.

Mid- and small-cap shares finished weak as Nifty Midcap 100 fell 1.03 per cent and small-cap shed 0.94 per cent.

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