Indian benchmark indices remained in negative territory during afternoon trade on Wednesday as losses across financial services, pharmaceutical and automobile stocks outweighed gains in select sectors. The Sensex declined 172.82 points to 72,860.96, while the Nifty 50 fell 69.05 points to 22,652.90 at 2:01 pm.
The India VIX rose 4.07% to 14.70, indicating increased market volatility as investors assessed crude oil prices and geopolitical risks.
Sensex, Nifty 50: Key Market Levels
The BSE Sensex opened at 73,049.76 and moved between an intraday high of 73,195.26 and a low of 72,578.75. The NSE Nifty 50 started the session at 22,715.75, reaching a high of 22,757.95 before slipping to 22,558.95.
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Both indices remained below their previous closing levels during the afternoon session.
Sectoral Performance: IT Stocks Gain, Pharma Falls
The Nifty IT index advanced 1.21%, supported by buying in major technology companies. FMCG shares also strengthened, with the Nifty FMCG index rising 1.05%. The Nifty Oil & Gas index gained 1.32%, while Chemicals and Media rose 0.94% and 0.55%, respectively.
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