Sensex, Nifty wipe off morning gains, slip into red

May 18, 2022 14:11

The Indian stock markets' key indices, Sensex and Nifty, slipped into the red in the afternoon session on Wednesday wiping off the morning gains due to selling pressure in power, telecom and IT stocks.

The 30 stock S&P BSE Sensex was trading 52.82 points or 0.10 per cent down at 54,265.65 points at 1 pm, against its previous day's close at 54,318.47 points.

Earlier, the Sensex opened in the positive at 54,554.89 points and rose to a high of 54,786.00 points in the morning trade. The index slipped into the negative in the afternoon session. It fell to a low of 54,130.89 points. The Sensex had gained 1344.63 points or 2.54 per cent on Tuesday. -- ANI

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