Stock Market LIVE Updates | Nifty 50 headed for a muted start to the truncated week
Stock Market LIVE Updates | Indian benchmark indices Nifty 50 and Sensex are likely to open muted in the trade on Monday. All eyes will be on the US Fed meet later this week on April 30 and May 1.
The Nifty snapped a five-day winning streak on Friday. The Sensex fell by 609 points to 73,730, while the Nifty slipped by 150 points to 22,420. The Nifty Bank saw a significant drop of 294 points to 48,201, whereas the midcap index rose by 396 points to 50,624.
Sensex and Nifty managed to regain half of the losses incurred last week, both up by 1%. Midcap stocks continued their outperformance, gaining 4% throughout the week. The Nifty Bank performed in line with the benchmarks, seeing a rise of over 1%.