April 14, 2024


Expect exquisite business

MARKET LIVE: Sensex slips 300 points; HDFC declines 2% post Q1 results

Indian equity markets dipped fifty percent a per cent just after paring all early morning gains in Thursday’s unstable session forward of the regular Futures and Possibilities (F&O) contracts’ expiry.

The S&P BSE Sensex hovered all over 37,810 degrees, down 257 details, getting risen to as significant as 38,414 earlier in the day. The Nifty50 index also slipped underneath the eleven,one hundred fifty-mark. HDFC slid over two per cent just after the announcement of June quarter benefits. Bharti Airtel attained two per cent just after posting 15 per cent expansion in Q1 income. even though InterGlobe Aviation slipped 4 per cent ahead of recouping losses just after posting its largest-at any time quarterly loss. Reliance Industries was buying and selling over one per cent higher forward of its Q1 benefits announcement.

The Nifty sectoral indices were mixed, with the Nifty Pharma index, up two per cent, foremost the record of gainers.

In the broader sector, the S&P BSE MidCap index dipped fifty percent a per cent and the SmallCap index was flat.