Share Market Today: Sensex Slips 150 Points; Nifty Tests 23,450 On Mixed Global Cues. PSU Banks Drag

Share market today: The two key equity benchmarks, Sensex and Nifty, on Monday opened lower, tracking mixed global trends. At 10.15 am, the BSE Sensex dropped 159 points to 77,051. On the other hand, the NSE Nifty50 was trading at 23,449, down 52 points.

Stock update

On the 30-share Sensex platform, IndusInd Bank, Tata Steel, Adani Ports, Bajaj Finance, SBI, HCLTech emerged lower. On the flip side, M&M, Sun Pharma, PowerGrid, Nestle, TCS, and ITC were among the gainers.

In the broader markets, Nifty Smallcap declined 0.32 per cent, while Midcap fell 0.47 per cent.

Sectoral update

Sectorwise, except capital goods, FMCG, and power, all other indices are trading in the red. PSU Bank fell the most, down 1.19 per cent.

In the previous session on Friday, the BSE Sensex ended 269 points lower at 77,210 while NSE Nifty50 declined 66 points to 23,501.

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