Stock Market Today: Sensex, Nifty snap four-day winning streak on weak global cues; mid, smallcaps outperform
Stock market today: Sensex closed with a loss of 347 points, or 0.55 per cent, at 62,622.24 while the Nifty ended the day at 18,534.40, down 99 points, or 0.53 per cent.
Frontline indices the Sensex and the Nifty snapped their four-day winning streak on Wednesday (May 31) on weak global cues after weak Chinese data made investors worried about global growth. A crucial vote in the US on the debt ceiling was also in the focus of investors as they hope the debt-ceiling deal is implemented by June 5.
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