Markets trade in red: IndusInd Bank, Axis Bank, ICICI Bank, HDFC Bank, Tech Mahi

[NiveRoshni]

Markets trade in red: IndusInd Bank, Axis Bank, ICICI Bank, HDFC Bank, Tech Mahindra, HCL among top losers



Equity benchmark Sensex declined over 140 points in early trade on Thursday as index-heavyweights Reliance Industries, Infosys and HDFC twins witnessed intense selling pressure.

Equity benchmark Sensex declined over 140 points in early trade on Thursday as index-heavyweights Reliance Industries, Infosys and HDFC twins witnessed intense selling pressure.

On the other hand, ONGC, M&M, Bajaj Auto, NTPC, Maruti, ITC and Bajaj Finance were among the gainers.

In the previous session, the 30-share BSE benchmark ended at 50,255.75, up 458.03 points or 0.92 per cent and the broader NSE Nifty had surged 142.10 points or 0.97 per cent to its fresh closing record of 14,789.95.

Foreign portfolio investors (FPIs) were net buyers in the capital market as they purchased shares worth Rs 2,520.92 crore on a net basis on Wednesday, as per exchange data.

Elsewhere in Asia, bourses in Tokyo, Hong Kong, Seoul and Shanghai were trading with losses.

Meanwhile, the global oil benchmark Brent crude was trading 0.89 per cent higher at USD 58.98 per barrel.

Source : https://www.freepressjournal.in/business/markets-trade-in-red-indusind-bank-axis-bank-icici-bank-hdfc-bank-tech-mahindra-hcl-among-top-losers