Sensex, Nifty track global markets, end lower amid Omicron concerns

Investors seek solace from multiple studies that claimed that Omicron might not be as lethal as the previous variants

The benchmark indices ended with minor losses on Thursday amidst selling in some index majors and the cautious approach of investors amidst the Omicron scare. The benchmark Sensex gyrated 431 points and ended the session at 57,794, a decline of 12 points or 0.02 per cent. The Nifty, on the other hand, fell 9 points to end the session at 17,204 a drop of 0.06 per cent.

Analysts said that investors are assessing the risks posed by the spread of Omicron, a hawkish stance by central banks across the globe and surging inflation fuelled by supply chain bottlenecks.

Investors seek