The S&P BSE Sensex fell 400 factors to 48,620 ranges and the Nifty50 index hovered round 14,350-mark. ONGC (down 4%) was the highest Sensex loser, adopted by Bajaj Finance, Bajaj Finserv, and IndusInd Financial institution (all down 3%).
Then again, HDFC Bank gained over 2 per cent after recording an 18 per cent rise in internet revenue at Rs 8,758.3 crore within the December quarter of the present fiscal 12 months (Q3FY21), pushed by sturdy development in internet curiosity earnings and different earnings. READ MORE
Amongst different particular person shares, shares of diagnostic chain Metropolis Healthcare rose 4 per cent after the corporate mentioned it would purchase Dr Ganesan’s Hitech Diagnostic Centre to strengthen its management place in southern India.
The Nifty sectoral indices had been buying and selling largely within the pink, with the Nifty Steel index, down 3 per cent, main the checklist of losers.
The broader markets, in the meantime, had been worse-hit, with each the S&P BSE MidCap and SmallCap indices buying and selling with over 2 per cent minimize.
Mindtree, IndiaMart, Rallis India and 18 different firms will launch their Q3 numbers at this time.