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Home Business Sensex Slips Over 200 Points, Nifty Trades Below 18,250; Auto, IT Stocks...

Sensex Slips Over 200 Points, Nifty Trades Below 18,250; Auto, IT Stocks Top Drags


The general market breadth was unfavourable as 1,277 shares have been advancing whereas 1,937 have been declining on BSE.

New Delhi: The Indian fairness benchmarks on Tuesday plunged into purple after opening increased, led by losses in auto, data know-how and pharma shares. Asian share markets have been largely decrease as Japan’s Nikkei slipped 0.21 per cent, South Korea’s KOSPI was down 0.99 per cent and Hong Kong’s Grasp Seng index fell 0.34 per cent. 

Again dwelling, as of 10:43 am, the 30-share BSE Sensex pack was down 221 factors or 0.36 per cent at 61,088 and the broader NSE Nifty moved 77 factors or 0.42 per cent decrease to 18,232.

Mid- and small-cap shares have been weak as Nifty Midcap 100 index was down 0.36 per cent and small-cap shares have been buying and selling 0.74 per cent decrease.

On the stock-specific entrance, Eicher Motors was the highest Nifty loser because the inventory cracked 3.13 per cent to Rs 2,755.40. Maruti, Tata Shopper Merchandise, UltraTech Cements and UPL have been additionally among the many laggards.

On the flipside, Axis Financial institution, BPCL, HDFC Financial institution and PowerGrid and Titan have been among the many gainers.

The general market breadth was unfavourable as 1,277 shares have been advancing whereas 1,937 have been declining on BSE.

On the 30-share BSE platform, Maruti, UltraTech Cements, Tech Mahindra, Bharti Airtel, HCL Tech and Larsen & Toubro attracted probably the most losses with their shares sliding as a lot as 2.45 per cent in late morning offers.

Axis Financial institution, HDFC Financial institution, PowerGrid, Titan, Bajaj Finance, Kotak Mahindra Financial institution and ICICI Financial institution have been among the many gainers.

In the meantime, the 30-share BSE Sensex had jumped surged 86 factors or 0.14 per cent to shut at 61,309 on Monday, whereas the broader NSE Nifty had moved 52 factors or 0.29 per cent increased to complete at 18,308.


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