Benchmarks correct for 4th day, Nifty ends below 22,000, VIX crosses 13 mark
Domestic equity market experienced significant volatility on Thursday, extending their losing streak to a fourth consecutive day. Despite mixed global cues, the indices opened higher and remained positive in the first half of the trading session. However, the afternoon saw a surge in volatility, leading to a decline in both indices by the closing bell. The Nifty 50 closed below the 22,000 level after reaching a high of 22,326.50 earlier in the day. The expiry of weekly index options on the NSE contributed to the market's volatility. Sectors such as healthcare, oil & gas, and FMCG corrected sharply.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.