Nifty slides below 22,200; broader market outperforms
Mumbai, May 8 -- The headline equity benchmarks traded with limited losses in the morning trade. The Nifty slipped below 22,200 level. Oil & gas shares advanced after declining in the past three consecutive trading sessions.
At 10:30 IST, the barometer index, the S&P BSE Sensex slipped 418.44 points or 0.57% to 73,093.41. The Nifty 50 index lost 107.95 points or 0.48% to 22,194.55.
The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.03% and the S&P BSE Small-Cap index added 0.16%.
The market breadth was positive. On the BSE, 1,883 shares rose and 1,524 shares fell. A total of 162 shares were unchanged.
Results Today :
Larsen & Toubro (down 1.11%), Hero MotoCorp (down 0.66%), Canara Bank (up 1.66%),...
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