Thursday, 30 November 2017

Nifty falls below 10,300 mark; RIL, HDFC Bank major losers

Indian equity markets opened in the red as selling pressure was visible across the board with heavyweights such as Reliance Industries, HDFC, Kotak Mahindra Bank and State Bank of India were among the leading decliners. Ahead of expiry of November derivative contracts, September quarter GDP data and OPEC decision later today.

As on 9:38 AM, the BSE Sensex was down 229 points at 33,374 and the NSE Nifty slipped 75 points to 10,286.

The S&P BSE MidCap Index fell 0.41% and the S&P BSE Smallcap Index slipped 0.29%.

Indiabulls Housing Finance, Infosys, Sun Pharma, Bajaj Auto and Dr.Reddy’s gained the most on Nifty50.

Kotak Mahindra Bank, Tech Mahindra, ONGC, Adani Ports and UltraTech Cement were the top losers.

All sector gauges in NSE were trading lower led by the PSU Bank Index's that saw 0.96% drop.

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