Nifty, Sensex Opens Flat on Thursday, Soon Inches Higher
Benchmark indices opened Thursday’s trading session flat but soon inched higher. Nifty 50 opened 4 points lower at 22,593.85, while Sensex opened 23 points lower at 74,198.28.
The broader index Nifty Midcap 100 touched an all-time high of 52,448.95 during the early trading hours. Bank Nifty index opened 139.20 points higher at 47,921.15.
Larsen & Toubro, Axis Bank, BPCL, ONGC, and Apollo Hospitals were the top gainers on Nifty 50 whereas the major laggards included Sun Pharma, Power Grid Corp, and JSW Steel.
Foreign institutional investors sold shares net worth Rs 686.04 crore. However, domestic institutional investors bought shares net worth Rs 961.91 crore on May 22, 2024.