iifl-logo-icon 1

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

  • Open Demat with exclusive Advice & Services
  • Get a dedicated Relationship Manager to help you grow your wealth
  • Exclusive advisory on 20+ trading & wealth-based investment options
  • One tap Investments, Automated trading & much more
  • Minimum 1 lakh margin required
sidebar image

Markets trade lower after US Fed policy outcome; Sensex falls 250 pts, Nifty below 18,600

15 Dec 2022 , 10:39 AM

Indian markets extended their losses on Thursday's early bell led by a broad-based selloff across sectoral indices. IT, metals and FMCG stocks were the worst hit. Sensex was below 62-500-mark and Nifty 50 erased 18,600-level.

At around 9:42 AM, Sensex was trading at 62,433.06 lower by 244.85 points or 0.39%. Nifty 50 was performing at 18,587.45 below 72.85 points or 0.39%.

In terms of sectoral indices, on NSE, the IT, Consumer Goods, Metal, FMCG index were under selling pressure has plunged between 0.7-0.1%. However, the banking, auto, PSU Banks and pharma stocks logged maginal buying.

SBI Life, IndusInd Bank, NTPC, Britannia and HDFC Life were among the top gainers.

Tech Mahindra, Infosys, HCL Tech, HUL and Tata Consumers were top bears.

India's  Wholesale Price Index hits 21-month low of 5.85% in November month aided by a favourable base and a sharp drop in food inflation.

Further, on Wednesday, US Fed raised the key rate by 0.50% to 4.50% and in the speech Fed Chair Jerome Powell said that the Federal Reserve will deliver more interest rate hikes next year even as the economy slips towards a possible recession.

On the Asian front, markets opened mildly lower with the fall in yields & US$ acting as support against the US cues.The Japanese 'Nikkei' was trading lower by 20 points in early trade while the New Zealand index was in the green.

overnight, on Wall Street, US stocks witnessed downfall as yields fall to 3.49% while US$ hits fresh new lows of 103.65 the lowest in over 4 months.

For feedback and suggestions, write to us at editorial@iifl.com

Related Tags

  • Asian markets
  • Auto sales
  • auto sector
  • Axis Bank share price
  • BSE live
  • bse sensex
  • f&o expiry
sidebar mobile


Read More
Knowledge Centerplus

Logo IIFL Customer Care Number
1860-267-3000 / 7039-050-000

Logo IIFL Securities Support WhatsApp Number
+91 9892691696

Download The App Now

Knowledge Centerplus

Follow us on


2024, IIFL Securities Ltd. All Rights Reserved

  • Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
  • KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
  • No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to Rs. 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.


Get better recommendations & make better investments

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp