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Stimulus fails to uplift market sentiment; Sensex slips 182 points

May 16, 2020 12:56 IST

Even as the Dow rallied 377 points and most Asian bourses started on a positive note, the Indian stock markets on Friday opened in the red as the stimulus package announcements seem to have failed in uplifting investors' sentiment. At 9: 45 am, the Sensex was 182 points down and the Nifty was trading close to 9,104; falling 0.42%. M&M, Infratel, Maruti, Eicher Motors and HCL Tech were the top Nifty losers. Whereas, ONGC, Tata Steel, Hindalco, BPCL and Britannia were the top five gainers.