Sensex, Nifty, Share Prices LIVE: Equity markets opened sharply lower on Thursday, tracking losses in global markets after the U.S. Federal Reserve’s hawkish stance on future rate cuts dampened investor sentiment.
The Sensex opened sharply lower at 79,029.03 from its previous close of 80,182.20 and is currently trading at 79,480.99 as of 9.55 AM, down by 701.21 points or 0.87 per cent. Similarly, the Nifty opened at 23,877.15 compared to its previous close of 24,198.85 and is now at 23,979.85, declining by 219.00 points or 0.91 per cent.
Dr Reddy’s Laboratories and Tata Consumer Products bucked the trend, rising 1.38 per cent and 0.38 per cent respectively. However, major losers included Wipro (-2.64 per cent), Shriram Finance (-2.47 per cent), Asian Paints (-2.23 per cent), Hindalco (-2.20 per cent), and ONGC (-2.11 per cent).