Sensex, Nifty Fall Over 1% As Auto Stocks Drag Markets Lower: 10 Points

INSUBCONTINENT EXCLUSIVE:
HDFC Bank, Larsen - Toubro and Reliance Industries were the top drags on the Sensex Domestic stock
markets started Monday's session on a lower note, extending their losses to a second straight day, amid weakness in global peers
The S-P BSE Sensex index fell as much as 435.23 points to 39,078.16 in early trade, and the NSE Nifty benchmark moved to 11,682.90, down
128.25 points from the previous close
Weakness across sectors, led by auto, banking and energy shares, dragged the markets lower
With Budget presentation now behind, the focus will shift to macroeconomic data due this week for market cues, according to analysts
The Sensex and Nifty had shed 0.99 per cent and 1.14 per cent respectively last Friday, after the presentation of Budget for 2019-20 in
Parliament by the government
Here are 10 things to know:At 9:21 am, the Sensex traded 385.04 points - or 0.97 per cent - lower at 39,128.35 while the
Nifty was down 122.20 points - or 1.03 per cent - at 11,688.95.Market breadth highlighted a sharp fall, with only 278 stocks trading higher
on the NSE against 1,284 suffering with losses
IDBI Capital, told TheIndianSubcontinent.The government stuck to the borrowing target announced in an interim budget in February and cut the
fiscal deficit goal to 3.3 per cent of gross domestic product for the current year ending March 31, 2020, from an earlier, upwardly revised
tracking Wall Street which fell from record highs last week, on diminishing hopes of a rate cut in the US after strong jobs data, with
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