Sensex Ends Lower After Volatile Session; Nifty Above 18,300; Adani Ent Surges 5%

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News18.com

Last Updated: May 11, 2023, 16:17 IST

New Delhi, India

Foreign institutional investors were net buyers on Friday as they bought equities worth Rs 777.68 crore.

Foreign institutional investors were net buyers on Friday as they bought equities worth Rs 777.68 crore.

Sensex Today: The Sensex and Nifty benchmark indices started on a positive note on Thursday morning.

Sensex Today: The S&P BSE Sensex ended at 61,905, down 36 points or 0.06 per cent. The Nifty50, on the other hand, closed at 18,297, down 18 points or 0.1 per cent.

In the broader markets, the BSE SmallCap index outperformed the frontline indices with 0.68 per cent rise, while the BSE MidCap index added 0.35 per cent.

Among sectoral indices, the Nifty Pharma index was the biggest dragger, down 1.3 per cent. On the upside, the Nifty Bank index was up 0.4 per cent.

Global Cues

US April consumer prices rose 4.9 per cent from a year ago, below expectations and less than the 5 per cent increase in March. This was also the lowest level since April 2021. The CPI was up 0.4 per cent month-over-month in line with estimates.

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Overnight in the US, tech-heavy Nasdaq saw the most gains. It ended 1.04 per cent higher. The S&P 500 added 0.45 per cent while the Dow Jones edged 0.09 per cent down.

Asian indices were mixed this morning. Hang Seng, Kospi rose up to 0.4 per cent, while Nikkei and Strait times were down 0.2 per cent each.

About the Author
Aparna Deb
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. Among other things, financial market, economy and policies interest her ...Read More
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first published:May 11, 2023, 09:26 IST
last updated:May 11, 2023, 16:17 IST