Sensex sees a sharp fall of over 250 points, Nifty around 9750; PSU banks decline

NIFTY TOP LOSERSNIFTY TOP LOSERS

Benchmark indices witnessed a sharp fall in the final minutes of trade, with the Sensex declining over 270 points, while the Nifty fell to almost 9750-levels.

The Sensex is down 272.60 points at 31252.08, while the Nifty was down 85.25 points at 9752.15. The market breadth was negative as 867 shares advanced against a decline of 1,631 shares, while 120 shares were unchanged.

Selling pressure was seen across the board, with midacps, banks, IT and metals leading the corrective movement.

Infosys, BHEL, and Bank of Baroda were the top losers, while Axis Bank, M&M and Tech Mahindra were the top gainers.

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Epic Research
Epic Research - Investment Adviser is a leading financial services provider with presence in Indian and other global capital markets. Call on - 0731-664-2300