At the closing bell on May 19, the Sensex closed worse off than it started the week with a loss pf of 2.6 per cent or 1416.30 points to close at 52,792.23, while the Nifty index shed 2.7 per cent or 431 points at 15,809.40.

On Thursday, the equity indices fell due to negative global indicators. All the sectoral indices of NSE ended in the red. All the stocks in the information technology, metals, and media sectors fell. Nifty closed just beyond 15,800 points. Due to the expiry of the weekly index options on NSE, trading was choppy. Nifty’s Information Technology index fell 5.74 per cent to 28,352.15. In just two trading sessions, the index has dropped 6.18 per cent. On Thursday, the European and Asian stock markets also fell. Futures on Dow Jones index were down by 423 points, signalling a bad start in the US stocks today.

Nifty Midcap and Smallcap ended with a loss of 2.66 per cent & 2.17 per cent, respectively. 

ITC is the largest cigarette manufacturer in the country. ITC operates in five business segments i.e. FMCG cigarettes, FMCG others, hotels, paperboards, paper & packaging, and Agribusiness.

Currently, the equity markets are trading amidst an extremely volatile environment. In the past couple of months, the worries over inflationary pressure and policy tightening by the global central banks have been stretched majorly by the geopolitical crisis in Europe as well as the new wave of COVID-19 in China. 

CARE Ratings Ltd, Chennai Petroleum Corporation Ltd, and Rashtriya Chemicals & Fertilizers Ltd are today’s mid-day movers.    

At noon on Thursday, the core equity indices i.e., Sensex and Nifty 50 fell sharply as the global markets took a deep plunge after the earnings results of corporates like Target and Walmart failed to meet expectations by a large margin

On Thursday, Sensex and Nifty traded down, reflecting sluggish global markets. During the morning session in the Indian markets, banking, financial, IT, pharma, and metal companies weighed the most. As investors' attention switched to inflation risk, it has remained a major headwind for the Indian as well as the global markets.

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The company is a licensed certifying authority that issues certificates to individuals and institutions from digital signature certificates for ITR filings, banking, etc. to enterprise solutions which include digital security, paperless transformation and others.