INSUBCONTINENT EXCLUSIVE:
The S-P BSE Sensex and NSE Nifty 50 Indexes staged recovery in afternoon deals as heavyweights like Axis Bank, Maruti Suzuki, Reliance
Industries, Bharti Airtel and Mahindra - Mahindra witnessed some buying interest
Earlier in the day, Sensex fell over 400 points and the Nifty 50 Index touched an intraday low of 10,848 mirroring losses in other global
markets after the US President Donald Trump said he would slap a 10 per cent tariff on the remaining $300 billion of Chinese imports
points to 11,002.Sixteen of 19 sector gauges compiled by BSE were trading lower led by the S-P BSE Metal Index's 2.3 per cent fall
Power, realty, oil - gas, banking and industrials sector gauges also fell between 0.8 and 1.4 per cent each.On the other hand, S-P BSE
Telecom Index was top gainer, up 1.8 per cent
S-P BSE Auto Index also rose 0.7 per cent.Coal India was top loser in the Nifty 50 basket of shares, the stock declined 2.8 per cent to Rs
Tata Steel, Wipro, ONGC, Vedanta, HCL Technologies, Indian Oil, Hindalco, ICICI Bank and GAIL India were alo among the losers.On ther
flipside, Bharti Airtel was top gainer, the stock rose 3.8 per cent despite the company reporting loss of Rs 2,866 crore in June
quarter.Bajaj Auto, Eicher Motors, Asian Paints, Mahindra - Mahindra, Maruti Suzuki, Axis Bank, UltraTech Cement and Adani Ports were also
among the gainers.Get Breaking news, live coverage, and Latest News from India and around the world on TheIndianSubcontinent.com
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