Sectorally, the Nifty PSU Bank index jumped another 5.6 per cent today, while the Nifty CPSE and Energy indices settled up to 4 per cent higher

MARKET LIVE: Indices at day's low, Sensex plunges 450 points; autos decline

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	<strong>Stock market updates:&nbsp;</strong>Caution after one of the longest bull-runs since 2003 continued to weigh on investor sentiment on Thursday as market participants booked profits in cyclical outperformers. That apart, expiry of the weekly F&O contracts also added to the volatility.&nbsp;</div>
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	Among key indices, the benchmark S&P BSE Sensex tanked 379 points today to settle at 51,325 levels. From the day&#39;s high of 51,904, the index skid over 700 points to hit a low of 51,187. At close, Bajaj Finance, Nestle, M&M, ICICI Bank, and HDFC, down up to 2.5 per cent, ended the day as the top losers.<br />
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	On the upside, ONGC remained the outperformer, up 8 per cent on the BSE, after the government announced Rs 7.5 trillion infrastructure plan in the oil and gas sector over the next 5 years. Besides, NTPC, Asian Paints, Power Grid, Tech M, and IndusInd Bank were the other top gainers.</div>
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	NSE&#39;s Nifty50, on the other hand, slipped below the 15,150 levels to end at 15,119, down 90 points or 0.6 per cent. The advance to decline ratio remained neck and neck with 27 stocks declining on the Nifty against 23 stocks that advanced.</div>
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	Gains in the broader market stocks, however, supported the overall market breadth. The S&P BSE SmallCap index moved closer to record high levels today as it soared on the back of gains in Indian Overseas Bank, Central Bank of India, Bank of Maharashtra, OnMobile Global, Goldiam International, Magma Fincorp, Adani Total Gas, Shankara Building Products, and Majesco. The index, which hit a high of 20,128, ended 0.66 per cent higher today at 20,015 levels.</div>
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	The S&P BSE MidCap, on the other hand, closed at 20,376 levels, up 0.7 per cent.</div>
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	Sectorally, the Nifty PSU Bank index jumped another 5.6 per cent today, while the Nifty CPSE and Energy indices settled up to 4 per cent higher. On the downside, the Nifty Financial Services, Auto, and Private Bank indices slipped up to 1.5 per cent each.</div>
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	<strong>Global markets</strong></div>
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	MSCI&rsquo;s broadest index of Asia-Pacific shares outside Japan fell 0.42 per cent, Australian stocks rose 0.01 per cent, while Japan&rsquo;s Nikkei fell 0.14 per cent.</div>
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	However, in signs that global sentiment were still buoyant, Euro Stoxx 50 futures were up 0.22 per cent, German DAX futures were up 0.15 per cent, and FTSE futures rose 0.3 per cent.</div>
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	<em><strong>(With inputs from Reuters)&nbsp;</strong></em></div>
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Sensex slips for 3rd day, drops 379 pts, Nifty defends 15,100; ONGC up 8%

Business Standard

Sensex slips for 3rd day, drops 379 pts, Nifty defends 15,100; ONGC up 8% | News on Markets - Business Standard

On Wall Street, technology stocks faced some pressure on inflation concerns, driving down the Nasdaq while other companies rose on broader economic optimism. The Dow Jones rose 0.29 per cent, while the S&amp;P 500 lost 0.03 per cent and the Nasdaq Composite dropped 0.58 per cent.&nbsp;

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	Asian markets were mixed early Thursday. Australia&rsquo;s benchmark ASX 200 index and Japan&#39;s Nikkei were up 0.25 per cent, each, in early trading, while the Hang Seng index and Korea&#39;s Kospi fell 0.7 per cent, each.</div>
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Sensex slips for 3rd day, drops 379 pts, Nifty defends 15,100; ONGC up 8%

Sectorally, the Nifty PSU Bank index jumped another 5.6 per cent today, while the Nifty CPSE and Energy indices settled up to 4 per cent higher

Wall Street check

Asian markets mixed

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