Sensex, Nifty lack direction, down marginally
May 19, 2021
Domestic investors remain optimistic owing to a decline in Covid-19 cases
The benchmark indices were trading in the red Wednesday afternoon on profit-taking, dragged by metal, auto and financials.
After opening down marginally, the domestic market was little changed despite weak global markets that were reflecting mounting inflation worries. However, domestic investors remain optimistic owing to a decline in Covid-19 cases in the country.
At 1 pm, BSE Sensex was at 50,127.66, down 65.67 points or 0.13 per cent. It hit an intra-day high of 50,279.01 and a low of 50,015.57. Nifty 50 was at 15,087.45, down 20.65 points or 0.14 per cent. It hit an intra-day high of 15,133.40 and a low of 15,049.65.