Benchmark indices are trading near the day’s low point amid selling seen in the IT stocks.
The Sensex was down 397.59 points or 0.77% at 51537.29, and the Nifty was down 87.90 points or 0.56% at 15487.00. About 1859 shares have advanced, 947 shares declined, and 118 shares are unchanged.
Adani Ports, UPL, SBI Life Insurance, HDFC Life, and Cipla were among major gainers on the Nifty, while losers included ITC, Tech Mahindra, HDFC, Axis Bank and Asian Paints.
Nifty PSU Bank index rose 2 percent, while IT index shed a percent. BSE Midcap and Smallcap indices rose 1 percent each.
News Source:- MOneycontrol