
Markets fall for 2nd day amid weak global equities
The Hindu
State Bank of India, Titan, Bharti Airtel and Hindustan Unilever were among the winners.
Benchmark indices finished on a weak note on Thursday, extending their previous day's decline amid a negative trend in global equity markets after the US Fed hiked interest rates by 75 basis points.
The 30-share BSE Sensex declined 69.68 points or 0.11% to settle at 60,836.41. During the day, it tanked 420.95 points or 0.69% to 60,485.14.
Similarly, the broader NSE Nifty dipped 30.15 points or 0.17% to end at 18,052.70.
From the Sensex pack, Tech Mahindra, PowerGrid, NTPC, Infosys, Wipro, HDFC, Tata Consultancy Services and Mahindra & Mahindra were the major laggards.
State Bank of India, Titan, Bharti Airtel and Hindustan Unilever were among the winners.
Elsewhere in Asia, markets in Seoul, Shanghai and Hong Kong ended lower.
Stock exchanges in Europe were trading in the negative territory in mid-session deals. Wall Street had ended significantly lower on Wednesday.

Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.












