Stock market today: Domestic stock market benchmarks, the Sensex and the Nifty 50, ended with mild losses on Wednesday, May 15, snapping their three-day winning run on losses led by shares of select heavyweights, including HDFC Bank, Tata Motors and Reliance Industries.
Sensex closed 118 points, or 0.16 per cent, lower at 72,987.03, while the Nifty 50 ended 17 points, or 0.08 per cent, lower at 22,200.55.
The selloff was, however, not widespread as the mid and smallcap indices ended with healthy gains. The BSE Midcap index settled 0.60 per cent higher, and the BSE Smallcap index rose 0.96 per cent.
Mixed global cues failed to boost the domestic market sentiment, which has been weak lately amid significant outflow of foreign capital in the run-up to the Lok Sabha election 2024 outcome.
Data from NSDL showed that this month, foreign portfolio investors (FPIs) sold Indian equities worth ₹25,280 crore up to May 14.
(More to come)
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Published: 15 May 2024, 03:31 PM IST
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