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Stock Market LIVE Updates: Sensex and Nifty50 slip into the red dragged by oil & gas shares while rupee is nea – CNBCTV18

Stock Market LIVE Updates

: Indian equity benchmarks BSE Sensex and NSE Nifty50 gave up initial gains in a volatile session on Wednesday, amid mixed moves in other Asian markets as investors weighed optimism on easing restrictions in China with aggressive rate hikes. Losses in oil & gas and metal stocks offset gains in financial, IT and pharma shares. Broader markets mirrored the moves in headline indices, with the Nifty Midcap 100 and Nifty Smallcap 100 indices turning flat after rising around half a percent each. Investors awaited the last leg of corporate earnings for cues. ITC will report its financial results for the January-March period later in the day.

First Published:  IST