2.35 PM: Indices at day’s low, Nifty slips below 11,500; banks fall, pharma rallies

Sharp fall in markets: Sensex is down 214.74 points or 0.55% at 38765.11, and the Nifty shed 31.10 points or 0.27% at 11485.

Among the sectors, the Nifty Pharma jumped 5 percent hitting a 5-year high while on the other hand, banks fell led by Kotak Mahindra Bank, HDFC Bank and SBI.

News Source:- Moneycontrol

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