Nifty Updates: Nifty Is Down 10.55 Points

The market slips into red. The Sensex is down 26.64 points at 27660.66 and the Nifty is down 10.55 points at 8363.10. About 1381 shares have advanced, 1215 shares declined, and 176 shares are unchanged. Immense volatility was witnessed as key benchmark indices pared gains after extending intraday gains in mid-afternoon trade. Just before the sudden slide, the barometer index, the S&P BSE Sensex, and the 50-unit CNX Nifty had, both, surged in mid-afternoon.

The Sensex and the Nifty had, both, hit their highest level in almost four weeks. The market breadth indicating the overall health of the market was positive. The Sensex was currently up 39.25 points or 0.14% at 27,726.55. The Nifty was up 20.95 points or 0.25% at 8,394.60. The index hit a high of 8,427.80 in intraday trade, its highest level since 23 April 2015. The index hit a low of 8,335.20 in intraday trade.

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