Nifty 50 drops 200 points in two minutes, recovers 160 points in next 7 minutes
Also Read: Multibagger stock: Oriana Power share price soars over 1000% in 8 months. What's driving this green energy stock? On Thursday, the Indian stock market indices, Sensex and Nifty 50, snapped a three-day losing streak and opened with decent gains.
During the day, the Sensex rallied over 500 points, while the Nifty 50 gained over 170 points. The indices held gains for most of the session, but are now trading in the red.
At 2:35 pm, the Sensex was down 143.79 points, or 0.20%, at 72,799.89, while the Nifty 50 tarded 37.55 points, or 0.17%, lower at 22,110.35. The benchmark Sensex has fallen more than 800 points from its day's high, while the Nifty 50 has declined over 270 points from the day's high.
Among sectoral indices, losses were seen in Nifty Healthcare, Nifty Private Bank, Nifty Auto, Nifty FMCG, Nifty Oil & Gas, Nifty Pharma and Nifty Financial Services, while on the other hand, Nifty IT, Nifty Metal, Nifty Realty and Nifty Media were trading in the green. Catch Stock Market Live Updates hereMilestone Alert!
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