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MARKET LIVE: Sensex slips 200 pts, Nifty50 below 17,850; LIC gains 3%

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Domestic equity opened lower in Friday’s trading session, amid subdued global sentiments.


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Domestic equity opened lower in Friday’s trading session, amid subdued global sentiments.
 
Benchmark indices declined over 50 points to trade below 17,850 levels, while the S&P BSE slipped over 200 points to trade around 60,596 levels.
 


Broader markets, meanwhile, were mixed in trade as Nifty SmallCap 100 index outperformed Nifty MidCap 100 index. India’s volatility gauge, India VIX, on the other hand, eased off marginally.

 


Sectorally, Nifty Media and Nifty PSU Bank indices gained marginally in trade, while Nifty IT, and Nifty Metal indices declined up to 0.8 per cent.

 

Among individual stocks, shares of gained over 3 per cent after it reported a manifold increase in its net profit in Q3FY23.
 
Besides, shares of declined over 3 per cent after the company’s loss widened to Rs 346.6 crore in Q3FY23.

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