INSUBCONTINENT EXCLUSIVE:
Sensex, Nifty: Benchmark indices had managed to cut down some initial losses by afternoonThe benchmark indices are trading lower this
afternoon, albeit off the lows of the days, due to weakness in cement, auto, pharma and financial shares
The BSE Sensex was down by 191 points at 54,363 and Nifty is below the 16,250 mark at 16,248.10, down 38 points
index went up by more than two per cent, while the oil and gas index traded with nominal gains
The remaining sectoral indices faced losses as realty, consumer durables and healthcare shares fell
And the Nifty Bank index was down by 209 points at 35,824 points
Among the top individual stock losers were Shree Cement, Bajaj Auto and Kotak Mahindra shares
other hand, steel sector stocks were among the top gainers as Tata Steel and JSW Steel witnessed significant growth
JSW Steel's stock was trading at Rs 748, up by 3.5 per cent, Tata Steel's stock was trading at Rs 1,419, having gained by a significant
a small range; however, the overall sentiments are positive as Government has indicated that the second wave of the Coronavirus pandemic did
not have much impact on businesses.Today is also the last day to subscribe to CarTrade Tech and Nuvoco Vistas Corporation IPOs, while
initial offers of Chemplast Sanmar and Aptus Value Housing Finance India have entered the second day of their sale.
