Dynamite News
Sensex, Nifty turn choppy in volatile trade
Equity benchmarks Sensex and Nifty opened on a choppy note on Wednesday tracking losses in financial stocks amid mixed cues from global markets as investors turned cautious after the first US presidential debate.
Mumbai: Equity benchmarks Sensex and Nifty opened on a choppy note on Wednesday tracking losses in financial stocks amid mixed cues from global markets as investors turned cautious after the first US presidential debate.
After opening in the positive territory, the 30-share index turned volatile and was trading 49.01 points or 0.13 per cent lower at 37,924.21, and the NSE Nifty slipped 1.45 points or 0.01 per cent to 11,220.95.
IndusInd Bank was the top loser in the Sensex pack, shedding around 2 per cent, followed by ICICI Bank, Axis Bank, SBI, PowerGrid, NTPC and HDFC Bank.
On the other hand, Sun Pharma, ONGC, M&M and HUL were among the gainers.
In the previous session, Sensex ended 8.41 points or 0.02 per cent lower at 37,973.22, while Nifty slipped 5.15 points or 0.05 per cent to 11,222.40.
Exchange data showed that foreign institutional investors sold equities worth Rs 1,456.66 crore on a net basis on Tuesday.
According to traders, domestic equities opened on a choppy note following mixed cues from global markets after the first US presidential election debate failed to cheer investors.