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Stock Market LIVE Updates: Sensex bounces back 500 pts from day’s low and Nifty near 15,350 as financial and IT shares aid recovery

Written by corres2

Stock Market LIVE Updates:

Indian equity benchmarks BSE Sensex and NSE Nifty50 bounced back into the green amid choppy trade on Monday, though investors remained on the back foot amid concerns about steep hikes in pandemic-era interest rates and their impact on economic growth. Gains in financial and IT shares aided the recovery though losses in oil & gas and metal counters limited the upside. Broader markets weakened, with the Nifty Midcap 100 and Nifty Smallcap 100 indices falling around two percent each.

First Published: IST


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