Sensex down 450pts, Nifty near 25,900; SMIDs flat; Trump cuts China tariff to 47%
The Indian benchmark indices — BSE Sensex and NSE Nifty50 — were trading lower today amid broad-based selling.
The 30-share BSE Sensex was down 457 points, or 0.54 per cent, at 84,539, while the NSE Nifty50 slipped 145 points, or 0.56 per cent, to 25,908.
Bharti Airtel, Sun Pharma, ITC, Tata Steel, Power Grid, Reliance Industries, Titan, Kotak Bank, Infosys, Axis Bank, Trent, and HCL Tech led the list of top losers today, down up to 2 per cent.
On the upside, only L&T, ans Maruti Suzuki were holding gains on the Sensex.
In the broader markets, the Nifty MidCap 100 and the Nifty SmallCap 100 indices were trading on a flat note during intraday deals on Thursday.
Among sectors, the Nifty Pharma index fell the most, down 1.4 per cent. The Nifty Metal, and the Nifty FMCG indices declined 0.9 per cent and 0.4 per cent each, while the Nifty Private Bank index slipped 0.6 per cent in broad-based selling.
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