1.10 PM: Indices trade lower with Nifty around 11,250; RIL top gainer, SBI down 5%

Market update: The Indian market is witnessing heavy selling in most sectors amid weak global cues.

Sentiment across the globe was dealt a blow after AstraZeneca paused trials of its COVID-19 vaccine, widely seen as one of the leading vaccine candidates.

Sensex was 309 points, or 0.80 percent, down at 38,056.54 and Nifty was 96 points,or 0.85 percent down at 11,221.25 at 13:00 hours.

Midcaps and smallcap underperformed as the BSE Midcap and Smallcap indices were 1.23 percent and 1.87 percent down, respectively, at that time.

News Source:- Moneycontrol

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