Sensex, Nifty tank in early trade; inflation relief fails to lift market mood
1 week, 3 days ago

Sensex, Nifty tank in early trade; inflation relief fails to lift market mood

India Today  

Benchmark stock market indices tanked in early trade on Friday, dragged by a decline in metal and banking stocks a day after the retail inflation data was released. The top gaining stocks in early trade on Nifty were Bharti Airtel, which rose 0.64%, BPCL increasing 0.38%, Adani Enterprises up 0.37%, Nestle India gaining 0.22%, and HDFC Life advancing 0.20%. Nifty Bank was down 0.89%, Nifty Auto decreasing 0.83%, Nifty Financial Services losing 0.87%, Nifty Financial Services 25/50 down 1.03%, Nifty FMCG falling 0.34%, Nifty IT declining 1.23%, Nifty Metal dropping 2.01%, and Nifty Pharma decreasing 0.77%. Nifty PSU Bank, down 1.65%, Nifty Private Bank declining 0.80%, Nifty Realty falling 0.79%, Nifty Healthcare Index dropping 0.56%, Nifty Consumer Durables decreasing 0.69%, Nifty Oil & Gas down 0.66%, and Nifty Midsmall Healthcare losing 0.75%.

History of this topic

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