INSUBCONTINENT EXCLUSIVE:
Investors' wealth slumped by more than Rs 4.09 lakh crore to Rs 245.93 lakh crore in early trade.New Delhi: The Indian equity indices on
Monday traded lower in opening deals amid the ongoing Russia-Ukraine conflict
Russian President Vladimir Putin ordered its defence chiefs to put nuclear "deterrence forces" on high alert as Western nations escalated
Asian markets plunged as Japan's Nikkei fell 0.34 per cent, Hong Kong's Hang Seng index was 1.49 per cent down and the Shanghai
100 index moved 1.36 per cent down and small-cap shares shed 2.01 per cent.Most of the sector gauges -- compiled by the National Stock
Exchange -- were trading in the red
Nifty Auto and Nifty Bank were underperforming the index by slipping as much as 1.99 per cent and 1.92 per cent, respectively.On the
stock-specific front, Tata Motors was the top Nifty loser as the stock cracked 2.99 per cent to Rs 446
HDFC Bank, Asian Paints, SBI Life and Hero MotoCorp were also among the laggards.On BSE, the overall market breadth was weak as 650 shares
were advancing while 2,086 were declining.Investors' wealth slumped by more than Rs 4.09 lakh crore to Rs 245.93 lakh crore in early
trade.On the 30-share BSE index, Asian Paints, Maruti, HDFC Bank, Dr Reddy's , M-M and Bajaj Finserv were among the top losers
PowerGrid and Tata Steel were trading in the green.Sensex had jumped 1,329 points or 2.44 per cent to close at 55,859 on Friday; while the
broader NSE Nifty had moved 410 points or 2.53 per cent higher to settle at 16,658.Meanwhile, India's GDP data for the third quarter is
set to be released at 5:30 pm on Monday.
