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Stock Market Updates: Sensex, Nifty Open Flat; Paytm Falls 2%

Byusanewscart.com

Feb 21, 2024
Stock Market Updates: Sensex, Nifty Open Flat; Paytm Falls 2%

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Last Updated: February 22, 2024, 09:36 IST

Despite strong global cues, domestic equities were volatile in early Thursday’s trade with the benchmark indices.

The S&P BSE Sensex fell 31 points to trade at 72,592, while the Nifty50 advanced 2 points to quote at 22,057 levels.

The broader indices, meanwhile, maintained their strength with the BSE MidCap index up 0.32 per cent, and the BSE SmallCap index up 0.5 per cent.

Among sectors, the Nifty Metal index gained 0.7 per cent, while the Nifty Pharma fell 0.2 per cent.

Global Cues

Tokyo stocks moved towards a record high on Thursday after US chip giant Nvidia revealed bumper earnings.The benchmark Nikkei 225 index was up 0.72 percent, or 275.27 points, at 38,537.43 in early trade, while the broader Topix index added 0.62 percent, or 16.33 points, to 2,643.63.

The S&P 500 and Dow Jones industrials eked out small gains on Wednesday, while the Nasdaq closed lower for a third straight session as investors awaited the release of Nvidia’s earnings that could determine near-term momentum for equities.

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