Indian Indices Pare Losses Amid Cautious Sentiment

Business Standard Markets · stocks

Indian equity benchmarks pared some losses in mid-morning trade, finding support from value buying at lower levels. Investor sentiment remained cautious due to surging crude oil prices and rising global bond yields. The S&P BSE Sensex declined 202.44 points, while the Nifty 50 index dropped 105.70 points. Consumer durables shares also saw a decline for the second consecutive session. Broader market indices like the NSE MidCap 150 and NSE SmallCap 250 also traded with moderate losses.