Sensex ends 372 pts lower, trims losses in late deals; Smallcaps outperform
CLOSING BELL ON MAY 17: The NSE Nifty 50 shed over 100 points to settle at 18,182. The BSE Smallcap index outperformed and ended 0.2 per cent higher.
SI Reporter New Delhi
Stock Market Highlights: The key benchmark indices extended losses for the second straight day on Wednesday as sentiment turned cautious with fears of US debt default mounting as the deadline to raise the government's borrowing limit draws near. As per reports, the US Treasury may run out of money by June 01 if the $31.4 trillion ceiling is not lifted by then.
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First Published: May 17 2023 | 7:23 AM IST