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Share Market Today LIVE | Sensex, Nifty, BSE, NSE, Share Prices, Stock Market News Updates May 12

Financial Express - Business News, Stock Market News

Share Market Today, Share Market LiveNifty Bank and Nifty IT indices fell over half a per cent, while Nifty Financial Services was down nearly one per cent. Image: Reuters

Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 were trading over half a per cent down on Wednesday, on weekly expiry day. BSE Sensex was hovering around 48,850 while Nifty gave up 14,800. Housing Development Finance Corporation (HDFC), Mahindra & Mahindra, Hindustan Unilever Ltd, HDFC bank, Tech Mahindra, Kotak Mahindra Bank, TCS were among top Sensex losers. On the flip side, NTPC, Power Grid Corporation of India, ONGC, Sun Pharma, State Bank of India, Asian Paints, Dr. Reddy’s, ITC were among top index gainers. Trends on Nifty sectoral indices was mixed. Nifty Bank and Nifty IT indices fell over half a per cent, while Nifty Financial Services was down nearly one per cent. Nifty Metal index gained 0.7 per cent.

Global rating agency Moody’s on Tuesday sharply trimmed its India growth forecast for FY22 to 9.3% from 13.7% estimated in February, stating that the severe second wave of coronavirus infections will “slow the near-term economic recovery and could weigh on longer-term growth dynamics”.

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