Indian stock market indexes began trading with declines on Tuesday; Here’s why
Indian stock market indexes began trading with declines on Tuesday due to cautious remarks made by important officials from the US Federal Reserve, which dampened investor confidence.
Read More: Awfis Space Solutions IPO to open on May 22; Key things you should know before subscribing
The S&P BSE Sensex was at 73,884 levels, down 121 points or 0.16 per cent, while the Nifty50 was at 22,491, down 11 points or 0.05 per cent.
Nestle India, HUL, M&M, Ultratech Cement, Axis Bank, Asian Paints, TCS, and HCL Tech were leading the list of losers on the benchmarks.
Read More: Hariom Atta & Spices IPO GMP Today: Rs 111 per share – Latest Grey Market Premium – Details
In the broader market, the BSE MidCap, and SmallCap indices were also edging lower by 0.18 per cent and 0.38 per cent, respectively.
Read More: Stocks To Watch: TCS, ONGC, Nestle, SAIL, Delhivery, Bandhan Bank, Lupin, and Others
Among sectors, the Nifty Metal index was the only gainer, up 0.58 per cent, while the Nifty Realty, and FMCG led the laggards (down 0.8 per cent, and 0.64 per cent, respectively).
