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Indian equity benchmarks closed marginally lower on Wednesday, after flitting between gains and losses in the session in the absence of major triggers, and with liquidity drying up ahead of the year-end.

December 28, 2022

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Market close: Sensex at 60,910.28 and Nifty at 18,122.50

Indian equity benchmarks were trading volatile during today deals, with both Sensex and Nifty altering between green and red terrain, amid negative cues from other Asian markets. Traders remained cautious as India Ratings and Research (Ind-Ra) in its ‘Research and Ratings Compendium’ said that the ratio of Upgrades/Downgrades is likely to moderate, amid higher inflation, slowing exports and an improving but still weak domestic demand.

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  • Indian equity benchmarks closed marginally lower on Wednesday, after flitting between gains and losses in the session in the absence of major triggers, and with liquidity drying up ahead of the year-end.
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  • PM Modi visits ailing mother Heeraben in Ahmedabad’s UN Mehta hosp.

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