Indian stocks decline marginally on profit booking, Sensex still above 60,000
Updated:1 year, 3 months ago
New Delhi, Aug 18 (ANI): Indian stock indices started Thursday's session with minor losses primarily due to profit booking after the recent bull run. Barring today's marginal losses, the latest bull run in Indian stocks has been continuing for the past five weeks on a trot. At 9.21 a.m., Sensex traded at 60,135.12 points, down 125.01 points or 0.21 per cent, whereas Nifty traded at 17,917.60 points, down 26.65 points or 0.15 per cent. Pertinent to mention here, benchmark index Sensex touched psychologically crucial 60,000 mark on Wednesday after more than four months. They have pulled out Rs 175,653 crore worth equities so far in 2022, NSDL data showed. Meanwhile, benchmark indices - Sensex and Nifty - rose nearly 10-11 per cent during the ongoing rally on a cumulative basis, thereby recovering largely the entire losses they witnessed so far in 2022. The latest rally in stocks made Indian investors richer by around Rs 25 trillion.
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