Sensex Edges Lower, Nifty Retreats From 17,200 On F&O Expiry Day

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Sensex Edges Lower, Nifty Retreats From 17,200 On F&O Expiry Day

The Indian equity benchmarks edged lower on Thursday, December 30, on F&O expiry day, along with expiry of derivates, tracking mixed global cues. The Sensex BSE Sensex was trading in red below 57,780, while Nifty 50 index retreated from its 17,200 level. Index heavyweights such as Reliance Industries, HDFC Bank dropped in early trading.

Wipro, Tata Consumer products, Eicher Motors, Power Grid Corporation of India were the top gainers. On the flipside, Bajaj Auto, Bajaj Finserv, Sun Pharma, Indian Oil Corporation, Hero MotoCorp were the top loser on NSE.

Mid- and small-cap shares were trading on a negative note as the Nifty Midcap 100 index was down by 0.11 per cent, while the Nifty Smallcap 100 index rose 0,30 per cent.

Asian share markets got off to a listless start on Thursday as the spread of Omicron clouded what is the last trading day of the year for many exchanges around the globe. 

MSCI’s broadest index of Asia-Pacific shares outside Japan was flat on the day and down six per cent on the year. Chinese blue chips have also lost six per cent led by big falls in techs as Beijing tightened restrictions on the sector.

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