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    Prime Minister Shri Narendra Modi inaugurates SEMICON India 2024 in Greater Noida, Uttar Pradesh

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Share Market Highlights: Sensex’s two-day winning streak comes to an end, and Nifty falls below 16,250

shree1news by shree1news
May 18, 2022
in Business
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Share Market Highlights: Nifty ends in red, below 17650, Sensex settles in green, up 200 pts
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Today’s Stock Market News | Sensex, Nifty, and Share Prices HIGHLIGHTS: On Wednesday, one day before the weekly F&O expiry, the BSE Sensex and Nifty 50 ended flat with a negative bias. The BSE Sensex finished 110 points or 0.2% lower at 54,208, while the NSE Nifty 50 index fell 19 points to 16240.

The S&P BSE Sensex finished in the green, with UltraTech Cement, Hindustan Unilever Ltd (HUL), Asian Paints, Sun Pharma, Axis Bank, and ITC leading the way.

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On the other hand, Power Grid Corporation of India, Tech Mahindra, State Bank of India (SBI), Bharti Airtel, L&T, and Bajaj Finserv all closed in the red.

The India VIX, or volatility index, finished 2% lower at 22.30. Except for the Nifty FMCG, Nifty Pharma, and Nifty Healthcare indices, all sectoral indices ended in the red. The Nifty Bank index fell 0.4%, the Nifty IT index fell 0.5%, and the Nifty PSU Bank index fell 1.6%.

 

 

 

Source:FE

Tags: Businesssensexshare marketshree1news

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