Market LIVE updates: The bulls found no respite in Thursday’s midday deals as national benchmarks added to their initial losses and traded more than 1 percent lower, before the monthly derivatives contracts expired later. on day.
Among the major indices, the S&P BSE Sensex fell 550 points to 46,850 levels. The index reached an intraday low of 46,518. Meanwhile, the broader Nifty50 index fell below 13,750. HDFC Bank failed 4 percent and was Sensex’s top laggard, followed by PowerGrid, Bajaj Finserv, Hindustan Unilever and Kotak Mahindra Bank (all down 3%). On the other hand, Axis Bank was up 3 percent.
The Nifty sector indices were weak, and the Nifty PSU Bank index, which was down 4%, was the worst.
In the broader markets, the S&P BSE MidCap and SmallCap indices fell 0.9% and 0.7%, respectively.
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