Stock Market Today: Sensex, Nifty fall for second consecutive day; mid, smallcaps outperform
Equity benchmarks the Sensex and the Nifty ended lower for the second consecutive session on Thursday (June 1) on losses led by select heavyweights, including Kotak Mahindra Bank, ICICI Bank and Bharti Airtel, amid mixed global cues.
After opening 114 points higher at 62,736.47, Sensex remained in a narrow range throughout the session without major positive triggers. Analysts pointed out that the market had already discounted factors such as strong domestic GDP numbers and the US debt ceiling deal, which is why it remained rangebound for the session.
Sensex ended 194 points (0.31 per cent) lower at 62,428.54 while the Nifty closed with a loss of 47 points (0.25 per cent) at 18,487.75.
(More to come)
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Updated: 01 Jun 2023, 03:41 PM IST
Ganesh
http://ganesh@finplay.inFinance enthusiast, Mutual fund expert.