Market Live Updates: Sensex slips over 700 factors in early commerce, Nifty dips beneath 16,500-mark amid world considerations; GDP information forward

Share/Stock Market Live Updates: The frontline fairness indices on BSE and National Stock Exchange (NSE) opened over 1 per cent decrease on Monday taking cues from their Asian friends which had been down over worries that recent sanctions on Russia might affect oil shipments. This aside the main focus was additionally on the Q3 GDP information which is due later within the day.

The S&P BSE Sensex was down 726 factors to 55,132 in opening offers whereas the Nifty 50 cracked 234 factors to 16,425.

On the Sensex pack, losses in the course of the early commerce had been led by HDFC Bank, Bharti Airtel, Asian Paints, Bajaj Finserv, Dr. Reddy’s and Ultratech Cement. On the opposite hand, Tata Steel and Power Grid had been the highest gainers.

(with inputs from companies)