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MARKET LIVE: L&T, HDFC twins drag Sensex 200 points; India VIX up 4%

Nifty MidCap, SmallCap index underperform. Maruti Suzuki, Interglobe Aviation, Bank of Baroda, and Voda Idea to announce quarterly results today

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MARKET LIVE | Markets | Axis Bank

SI Reporter  | New Delhi 

EVENT HIGHLIGHTS

Markets
The Indian failed to hold on to their slight recovery in noon deals and slipped over half a per cent, ahead of the expiry of October series derivative contracts.

The S&P BSE Sensex was trading around 39,700 levels, down 220 points, or 0.8 per cent. The index hit an intra-day low of 39,524. Meanwhile, the broader Nifty50 index hovered around the 11,650-mark. Larsen & Toubro (down 5%) was the top Sensex loser, followed by ONGC and IndusInd Bank (both down 3%). Meanwhile, Asian Paints and Ultratech Cement rose 2 per cent each.

The Nifty sectoral indices were mixed, with Nifty PSU Bank index, down 1 per cent, leading the list of losers.

In the broader market, the S&P BSE MidCap and SmallCap indexes were down 0.15 per cent and 0.5 per cent, respectively.

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