Market WRAP: Nifty ends below 18,200 level; Sensex tanks over 500 points as IT, energy and realty drag the market
Market WRAP: Nifty ends below 18,200 level; Sensex tanks over 500 points as IT, energy and realty drag the market

Market WRAP: Nifty ends below 18,200 level; Sensex tanks over 500 points as IT, energy and realty drag the market

PSU Banks and media stocks witnessed good buying interest while IT, energy and realty saw major profit booking.   

Rohit Kale Article rating: 5.0

The broader indices remained under pressure throughout the day as investors chose to book profit ahead of the monthly expiry and uncertain global cues. NSE Nifty 50 index plunged 0.82 per cent to close below 18,200 level while Sensex tanked over 500 points.

Inflation continues to weigh heavy
Inflation continues to weigh heavy

Inflation continues to weigh heavy

Fears of a recession have increased lately as the Federal Reserve tries to combat surging inflation with aggressive rate hikes, resulting in volatile risk sentiment around the world

Sayali Kotwal Article rating: 5.0

Fears of a recession have increased lately as the Federal Reserve tries to combat surging inflation with aggressive rate hikes, resulting in volatile risk sentiment around the world

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