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MARKET LIVE: Indices off lows, Sensex in the red; Sun Pharma dips 3%
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MARKET LIVE | Markets | Fitch Ratings
SI Reporter |
Last Updated at June 11, 2020 10:06 IST
EVENT HIGHLIGHTS
The Indian markets clawed their way off the opening lows but were still trading with nearly half a per cent cut on Thursday amid weakness in global stocks after the US Fed's latest policy statement in which it reassured investors of its support for the economy but projected a 6.5 per cent decline in US GDP this year. READ MORE
The S&P BSE Sensex dipped 80 points at 34,150 levels and the Nifty50 index hovered around 10,090 mark. Sun Pharma (down 3%) was the top Sensex laggard, followed by HDFC Bank and Kotak Mahindra Bank (both down over 1%). On the other hand, IndusInd Bank rose 5 per cent.
The trend among Nifty sectoral indices was mixed. Nifty PSU Bank index, up over 1 per cent was the top gainer.
The trend among Nifty sectoral indices was mixed. Nifty PSU Bank index, up over 1 per cent was the top gainer.
Results today
A total of 23 companies including the likes of Dixon Tech Shriram City Union Finance are scheduled to announce their March quarter numbers today.
A total of 23 companies including the likes of Dixon Tech Shriram City Union Finance are scheduled to announce their March quarter numbers today.
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