Stock Market Update: Sensex Falls Over 500 pts, Nifty Below 16,900; ITC Declines 1%


Source: news18.com news18.com

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Sensex Today: After a flat close, the previous day, the Sensex and Nifty opened in the red on Wednesday amid weak global cues. Key indices Nifty50 declined over 100 points to trade below 16,900 levels and the S&P BSE Sensex dropped over 500 points to trade at 56,579 levels. The muted risk appetite among investors also kept broader markets in negative territory as Nifty MidCap 100 and Nifty SmallCap 100 indices slipped in the range of 0.6 to 0.7 per cent. Likewise, all sectors started trade on a bearish tone. Nifty Auto, Nifty Metal, and Nifty Bank indices faced the...