Indices retreat after three days of continuous improvement in the stock market
(By commerce representative) MUMBAI: The benchmark indices of Indian stock markets closed with modest declines after being extremely volatile on the last day of the week. The three-day correction took a break behind the world market today. However, mid-cap stocks continued to attract investors. Globally, Asian markets also closed lower and European markets opened lower. Investors are cautious amid reports of deteriorating conditions in some countries over Omicron. Financial and IT stocks were under pressure while realty, auto and metals were the main attractions. The BSE Sensex was down 20.5 per cent at 3.7 per cent while the Nifty 30 index was down 3.3 per cent at 1211.30. The Sensex was hovering between a low of 314.5 and a high of 7.31. The Nifty was also seen at a low of 1908.8 while at the top it was seen at 12.5. The Nifty Midcap 100 Index rose 4.5 points to close at 31,606.05. Nomura maintains a neutral outlook for Indian equities for 207. Auto stocks rise on lower buying: Mah...