MARKET LIVE: Sensex, Nifty bounce back in green; HDFC, L&T, Tata Steel lead
LIVE market updates: The domestic benchmark indices continued to swing between zones as investors remained jittery given the uncertainity surrounding the Russia-Ukraine conflict situation. Shelling in Ukraine on Thursday had sparked fresh fears of a Russian invasion, while the US continues to warn against further escalation.
“The roller coaster ride in the market will continue till some clarity emerges on the Ukraine issue. The de-escalation in tensions which the market immediately discounted with a sharp up move has now been replaced with re-escalation of tensions on the Ukraine- Russia border and the consequent sharp market down move,” said VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Amomg sectors, the Nifty Metals index remained the top performer, whereas the Nifty IT and Pharma indices were the top losers.
© 2022, Admin. All rights reserved.