Sensex, Nifty decline for 3rd day as HDFC Bank, TCS slide
Zee News
From the 30-share pack, Titan, Tech Mahindra, Maruti Suzuki India, Wipro, Nestle India, TCS, Larsen & Toubro, HCL Technologies, Tata Steel and HDFC Bank were among the major laggards.
Mumbai: Market benchmark Sensex declined over 233 points on Friday, extending its losses to a third day as index majors HDFC Bank, TCS and Infosys went down amid a mixed trend in global equities.
The 30-share BSE benchmark dropped 233.48 points or 0.41 per cent to settle at 57,362.20. During the day, it tanked 495.44 points to 57,100.24.
Similarly, the broader NSE Nifty declined 69.75 points or 0.40 per cent to settle at 17,153.
"The Indian equity market continue to be in a grind, influenced by and reacting to incremental news flow on the global front, especially related to the geopolitical situation and Fed rhetoric. The two key challenges and monitorables for the markets in the near term are the persistent inflationary pressures and the rising bond yields," said Milind Muchhala, Executive Director, Julius Baer.
From the 30-share pack, Titan, Tech Mahindra, Maruti Suzuki India, Wipro, Nestle India, TCS, Larsen & Toubro, HCL Technologies, Tata Steel and HDFC Bank were among the major laggards.
