Sensex stuck in range, down 200 pts; Nifty Microcap at 52-wk peak

The Nifty50 and the Sensex fell as oil prices steadied following US’s threat of indefinite naval blockade.

As of 10:00 AM, the Nifty50 fell 52.35 points or 0.21 per cent to 24,343.50 and the Sensex was down 243.62 points or 0.31 per cent at 77,836.34.

Tata Motors Passenger Vehicles, Max Healthcare Institute, and Hindalco Industries were the top losers in the Nifty50.

In the broader markets, the Nifty MidCap and the SmallCap were trading 0.17 per cent and 0.01 per cent down, respectively.

Sector-wise, the Nifty Metal underperformed while the Nifty Consumer Durables outperformed.