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Market Live Updates: Sensex slips over 600 factors in opening offers, Nifty dips under 16,650-mark

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Share/Stock Market Live Updates: The benchmark fairness indices on BSE and National Stock Exchange (NSE) opened over 1 per cent decrease on Wednesday weighed by banking and monetary shares after the GDP progress missed estimates and escalating Ukraine disaster together with rising crude oil costs additional weighed on investor sentiment.

Sensex slumped 613.55 factors to 55,633.73 in opening offers whereas the Nifty 50 declined 175.30 factors to 16,618.60.

On the Sensex pack, losses within the early commerce have been led by ICICI Bank, HDFC, Maruti Suzuki, Asian Paints, HDFC Bank and IndusInd Bank. On the opposite hand, Tata Steel, Nestle, Power Grid, Tech Mahindra, TCS and NTPC have been buying and selling on the upper aspect.

(with inputs from companies)