opened the gap on Thursday, as a record one-day rise of more than three lakhs of the Covid-19 case kept investors’ sentiment at bay. However, buying at lower levels in IT and metal meters has helped the indices in the easy recovery stage.
The benchmark S&P BSE Sensex is trading at 47,462 levels, down 250 points or 0.5 percent. On the NSE, the Nifty50 hovered around 14,250 levels, down 56 points.
Ultratech Cement, Shree Cement, IndusInd Bank, Axis Bank, Hero MotoCorp and NTPC, down by up to 3.5 percent, led the list of losers on Nifty, while Bajaj Auto, Dr Reddy’s Labs, Wipro, BPCL and Tata Steel outperformed the market and gained between 1.5% and 3.5%.
In the broader markets, the S&P BSE MidCap index fell 0.13%, while the S&P BSE SmallCap index gained 0.3%.
Among the key sector indices on the NSE, the Nifty Metal index was the best performing index, up 2%, followed by the Nifty Pharma index, up 1%. The Nifty Bank, Private Bank and FMCG indices each decreased by 1%.