5 Minutes Read
Stock Market Highlights | Sensex, Nifty 50 fail to hold opening gains, Midcaps ends at record high
KV Prasad Jun 13, 2022, 06:35 AM IST (Published)
Listen to the Article (6 Minutes)
Summary
Stock Market Highlights | Indian benchmark indices Nifty 50 and Sensex struggled today and failed to maintain the opening gains and ended the day at the lowest point. Despite this, midcap stocks continued to outperform, with the midcap index reaching a record high.
Stock Market Highlights | Indian benchmark indices Nifty 50 and Sensex struggled today and failed to maintain the opening gains and ended the day at the lowest point. Despite this, midcap stocks continued to outperform, with the midcap index reaching a record high.
The Sensex fell by 609 points to 73,730, while the Nifty slipped by 150 points to 22,420. The Nifty Bank saw a significant drop of 294 points to 48,201, whereas the midcap index rose by 396 points to 50,624.
Sensex and Nifty managed to regain half of the losses incurred last week, both up by 1%. Midcap stocks continued their outperformance, gaining 4% throughout the week. The Nifty Bank performed in line with the benchmarks, seeing a rise of over 1%.
Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout
3 Mins Read
Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter
Daily Newsletter
