MARKET LIVE: Sensex down 150 points; financials, auto stocks drag

LIVE market updates: The Indian benchmark indices clawed their way out of the early lows but were still trading around half a per cent down in Monday’s noon deals.

The S&P BSE Sensex slid 170 points, or 0.32 per cent, to 52,180 levels and the broader Nifty50 index was below the 15,650-mark. ICICI Bank fell 2 per cent and was the top Sensex laggard, followed by Mahindra & Mahindra, State Bank of India, and IndusInd Bank (all down over 1%).

The Nifty sectoral indices were mixed, with Nifty Auto index, down 0.8 per cent, bleeding the most.

The broader markets, meanwhile, outperformed their benchmark peers, with the S&P BSE MidCap and SmallCap indices trading 0.3 per cent higher, each.

 


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