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MARKET LIVE: Indices trim losses, Sensex down 300 pts, Nifty above 13,000

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SI Reporter  | New Delhi 

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(Photo: Kamlesh Pednekar)
(Photo: Kamlesh Pednekar)
Live Market updates: The Indian dipped nearly a per cent in Wednesday's afternoon deals due to a fall in financial and bank stocks.

The S&P slipped 400 points to 44,257.60 levels while the Nifty50 index was hovering around 13,000 levels. HDFC Bank, Kotak Mahindra Bank, ICICI Bank, HDFC, and Tech Mahindra were all down over 1 per cent each.

Tata Motors rose over 4 per cent to over 10-month high after the company's November sales also grew to 49,650 vehicles from 41,124 units in the year-ago period.

The trend among Nifty sectoral indices was mixed, with Nifty Metal and Nifty Realty indexes, both up 2 per cent, leading the list of gainers.

The broader indices outperformed the benchmarks, with the S&P MidCap and SmallCap indices trading 0.3 per cent and 0.5 per cent higher, respectively.

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