After falling by 1.23 per cent in the previous trading session, the broad market index S&P BSE Sensex witnessed a further decline today.

Fertiliser prices are spiking as input prices are affected by uncertain geopolitical trends.   

Highest put option open interest contract was added at a strike price of 17000 for expiry on April 28. 

BSE Smallcap index also underperformed the broader markets, closing at 29,247.98, down by 0.38 per cent. 

Arihant Capital Market Ltd, Borosil Renewables Ltd and NACL Industries Ltd are today’s market movers.

Key threat to the healthcare sector is essentially more regulations & delays in the execution of government initiatives like Ayushman Bharat and National Digital Health Mission, expresses, Aditya Khemka, Fund Manager, InCred Healthcare Fund, InCred Asset Management.

At market close today, the core equity indices i.e. Sensex and Nifty 50 were down by 1.25 per cent each. Weaker global cues, the aggressive rate hike confirmation from FED Chairman, and rising bond yield in the US coupled with a volatile rally in technology sector stocks have led to the bloodbath on the bourses yet again.  

Our advice to investors is to look through the volatility and stay invested in low to moderate duration funds, states Parijat Agrawal, Head - Fixed Income, Union Asset Management Company in this exclusive interview.

Fading the two days’ gaining momentum, the benchmark indices ended in red on Friday. The hawkish statement from the US Fed lowered the sentiment globally including in domestic markets. 

 Indices witnessed selling pressure towards the end as Nifty fell about 150 points from its intraday high.