Read more about Sensex crashes over 1000 pts; FMCG shares under pressure on Business Standard. The key indices declined further in mid-afternoon trade. The Nifty fell below 14,700 mark. FMCG shares declined for the fifth session. Rising COVID-19 cases and negative global cues triggering selling in domestic shares.
Read more about Real Estate stocks edge higher on Business Standard. Real Estate stocks were trading in green, with the S&P BSE Realty Index index increasing 16.56 points or 0.6% at 2784.37 at 09:49 IST.
Read more about Nifty slips below 14,800 mark; NSE VIX spurts 8% on Business Standard. Benchmark indices hit fresh intraday low in early afternoon trade amid rising COVID-19 case and negative global cues. The Nifty slipped below 14,800 level. The selling was broad based, however, metal shares bucked trend on firm copper prices.
Information Technology stocks were trading with losses, with the S&P BSE IT Sector index falling 567.07 points or 2.23% at 24877.14 at 13:48 IST. Among the components of the S&P BSE IT Sector index, 3i Infotech Ltd (down 4.88%), Tech Mahindra Ltd (down 4.23%),Aptech Ltd (down 4.19%),Tata Elxsi Ltd (down 4.18%),Birlasoft Ltd (down 3.76%), were the top losers. Among the other losers were Mindtree Ltd (down 3.54%), Cerebra Integrated Technologies Ltd (down 3.42%), HCL Infosystems Ltd (down 3.31%), L&T Technology Services Ltd (down 3.29%), and Coforge Ltd (down 3.18%). On the other hand, Sonata Software Ltd (up 16.08%), Cyient Ltd (up 8.31%), and Tanla Platforms Ltd (up 5%) moved up.
At 13:48 IST, the S&P BSE Sensex was down 964.33 or 1.89% at 49925.43.
Read more about Sensex, Nifty hit day s low; breadth negative on Business Standard. After a weak start, the key equity indices declined further and hit the day s low in morning trade. Autos, IT and PSU banks were under pressure. The Nifty slipped below the 14,900 mark. Rising treasury yields and the possibility of another lockdown