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MARKET LIVE: Sensex falls 100 points; banks decline, IT stocks gain
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MARKET LIVE | Markets | YES Bank
SI Reporter |
Last Updated at July 27, 2020 12:10 IST
EVENT HIGHLIGHTS
(Photo: Kamlesh Pednekar)
The Indian equity markets slumped on Monday, dragged down by financials, but were off the day's bottom.
The S&P BSE Sensex dipped 120 points to 38,000 levels while the Nifty50 index slipped below the 11,200 mark. Among individual stocks, HDFC Bank dipped over 3 per cent after Managing Director Aditya Puri sold 95 per cent of his shareholding in the bank valued at Rs 842.7 crore between July 21 and July 23. READ MORE
YES Bank tanked 10 per cent after the over 12.5 billion new shares issued in the follow-on public offering commenced trading.
Besides, Reliance Industries, TCS, and HCL Tech rose over 1 per cent each and were the top Sensex gainers.
The trend among Nifty sectoral indices was mixed, with Nifty Bank index, down 1.3 per cent, leading the list of losers.
Results today
A total of 100 companies including Tech Mahindra, Marico, and Havells India are scheduled to announce their quarterly results today.
YES Bank tanked 10 per cent after the over 12.5 billion new shares issued in the follow-on public offering commenced trading.
Besides, Reliance Industries, TCS, and HCL Tech rose over 1 per cent each and were the top Sensex gainers.
The trend among Nifty sectoral indices was mixed, with Nifty Bank index, down 1.3 per cent, leading the list of losers.
Results today
A total of 100 companies including Tech Mahindra, Marico, and Havells India are scheduled to announce their quarterly results today.
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