Stock Market Updates: Sensex Opens 338 pts lower, Nifty Holds 18,000; Key Points

Sensex Today: Benchmark indices traded in red on Friday morning due to global mood on renewed concerns of Covid-19. Major indices Nifty 50 declined over 50 points to settle below the 18,050 level, while the S&P BSE Sensex was trading down over 300 points at 60,497.

Broader markets followed suit smelly Midcap 100 and Nifty Smallcap 100 index fell up to 1 per cent. volatility gauge, India The VIX, meanwhile, climbed more than 3 percent.

Except Nifty Pharma index, all the sectors sank in the red sea, Nifty Media, Nifty Metal and Nifty PSU Bank indices were the biggest losers.

global signal

Globally, US markets saw a sharp sell-off overnight, with tech stocks falling. The Dow Jones, Nasdaq Composite and S&P 500 indices declined up to 2 per cent.

Asia-Pacific markets also fell this morning with the Nikkei 225, Kospi, S&P 200, Topix, Hang Seng and Shanghai Composite indices down up to 1 per cent each.

In the commodities market, Brent crude and WTI crude prices rose 1 per cent each to USD 82 per barrel and USD 78 per barrel, respectively.

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