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MARKET LIVE: Indices volatile, Sensex down 350 pts; metals continue to fall
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SI Reporter |
Last Updated at February 26, 2020 15:02 IST
EVENT HIGHLIGHTS
Photo: Kamlesh Pednekar
Indian equities were trading over a per cent cut on Wednesday amid heavy sell-offs in global markets as investors reassessed the economic impact of the Covid-19 spreading beyond China.
The S&P BSE Sensex was down 500 points, or 1.15 per cent, at around 39,780 levels. Tata Steel, Sun Pharma, Maruti Suzuki, and Infosys (down 1% each) were the top laggards in the Sensex pack. On the other hand, Nestle India and Hindustan Unilever were trading half a per cent higher each.
The broader Nifty50 index slipped hovered around the 11,650 mark, down 136 points, or 1.15 per cent.
All the Nifty sectoral indices were in the red. Nifty Metal and Nifty Auto indexes, both down over 1 per cent each, bled the most.
In the broader market, the S&P BSE MidCap index slid 215 points, or 1.4 per cent, and the S&P BSE SmallCap index was down 120 points, or 0.83 per cent.
The S&P BSE Sensex was down 500 points, or 1.15 per cent, at around 39,780 levels. Tata Steel, Sun Pharma, Maruti Suzuki, and Infosys (down 1% each) were the top laggards in the Sensex pack. On the other hand, Nestle India and Hindustan Unilever were trading half a per cent higher each.
The broader Nifty50 index slipped hovered around the 11,650 mark, down 136 points, or 1.15 per cent.
All the Nifty sectoral indices were in the red. Nifty Metal and Nifty Auto indexes, both down over 1 per cent each, bled the most.
In the broader market, the S&P BSE MidCap index slid 215 points, or 1.4 per cent, and the S&P BSE SmallCap index was down 120 points, or 0.83 per cent.
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