Markets trading on a mixed note today

15 Feb 2023 , 02:04 PM

Indian stock markets were trading in a downtrend due to concerns about a prolonged period of high-interest rates in the United States. This apprehension arose following the release of data indicating that consumer inflation in the largest global economy remained stubbornly high during January.

Global markets reflected a cautious investor sentiment.

Ten of the 13 major sectoral indices remained under pressure, with FMCG index down by about 1%.

At around 2.00 PM, BSE Sensex was trading 12 points lower at 61,025.60 points. While, NSE Nifty was trading marginally higher at 17,936 points.

Apollo Hospitals (+5.23%) emerged as the top gainer following a 2-day downfall. Eicher Motors (+4.04%), and Tech Mahindra (+3.79%) rallied as much as 4%. Reliance Industries (+1.62%) and Adani Enterprises (+1.27%) joined the rally.

Hindustan Unilever (-1.26%), Sun Pharma (-1.21%), Ultratech Cement (-1.12%), and HDFC (-1.05%) were among the top losers, registering nearly 1% downside.

Following its Q3 results, ONGC was trading 1% lower.

The stock market reflected on mixed investor sentiment as 25 stocks advanced, and 25 declined on NSE, so far.

For feedback and suggestions, write to us at [e-mail]