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: India’s BSE Sensex and NSE Nifty50 stock indices started Thursday’s session on a negative note, tracking weakness in global markets. Losses in financials, IT, autos and consumer stocks dragged major indices lower, although gains in metals and pharmaceuticals names provided some support. Broader markets remained in the green, with the Nifty Midcap 100 and Nifty Smallcap 100 indices rising 0.4% and 0.3% respectively. The minutes from the Fed’s latest policy meeting brought investors’ attention back to the prospect of aggressive COVID-era monetary policy tightening. News about the Russian-Ukrainian war remained on investors’ radar.
First post: STI
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