Markets Today: Sensex and Nifty started on a subdued note on Tuesday morning tracking weak global cues.
Markets Today: Sensex and Nifty started on a subdued note on Tuesday morning tracking weak global cues. Frontline indices the S&P BSE Sensex traded flat at 62,777 levels, whereas Nifty50 was flat above 18,600 levels.
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Broader markets exhibited volatility as Nifty Midcap 100, and Nifty Smallcap 100 indices swinged between red and green.
Sectorally, Nifty IT index was the worst performer as it logged over 1 per cent declines. Nifty Auto, and Nifty Metal indices, on the contrary, gained up to 0.6 per cent.
Among individual stocks, shares of BL Kashyap and Sons surged over 6 per cent after the company secured new order aggregating to Rs 147 crore.
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Global Cues
Globally, rally in the US markets took a backseat overnight, with Dow Jones, NASDAQ Composite, and the S&P 500 indices slipping up to 0.5 per cent.
This morning, markets in Asia-Pacific, too, exhibited weakness as Nikkei 225, Topix, and the S&P 200 indices tumbled up to 0.6 per cent.
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In the commodities market, prices of Brent Crude and WTI Crude retreated gains as they declined 0.2 per cent each to $76 per barrel, and $71 per barrel, respectively.
