Sensex Falls 100 Points, Nifty Around 19,500 On Weak Global Cues. Pharma Up, Realty Down

Sensex Falls 100 Points, Nifty Around 19,500 On Weak Global Cues. Pharma Up, Realty Down

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The two key equity benchmarks, Sensex and Nifty, on Thursday opened in the red, tracking weak sentiments from global markets. The domestic indices pared some of their heavy losses, however, still trading in the negative zone. At 9.40 am, the BSE Sensex fell 92 points to 65,690. On the other hand, the NSE Nifty50 was trading at 19,502, down 24 points.

On the 30-share Sensex platform, Titan, Bajaj Finserv, UltraCemco, HUL, Tata Steel, JSW Steel emerged early losers. On the flip side, Sun Pharma, NTPC, HDFC Bank, L&T, ITC, HCL, and Bajaj Finance were among the gainers. Among specific stocks, shares of Sanghi Industries rallied 3 per cent after Ambuja Cements entered into inter-corporate deposit agreement with the firm.

In the broader markets, Nifty Midcap 100 and Nifty Smallcap 100 indices sank up to 0.3 per cent.

Sectorwise, Nifty Pharma index gained the most (up 1 per cent), while Nifty Realty index was the worst hit (down 1 per cent).

In the previous session on Wednesday, the S&P BSE Sensex closed at 65,783, down 677 points, while the Nifty50 settled at 19,527, down 207 points.

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