The 30-share Sensex of the Bombay Stock Exchange (Sensex) registered a drop of about 100 points by Friday afternoon due to losses recorded by BHEL, Coal India, SBI and Cipla.
Reports said that the 50-share National Stiock Exchange (Nifty) index was nearing 8550 points.
BHEL's announcement of less than satisfactory quarter one results was cited as one of the main factors for the shares-related drop at the BSE.
BHEL said in a statement that its shares had registered a drop of over eight per cent after the company's Q1 PAT slumped 82.43 per cent year-on-year to Rs. 33.90 crores versus Rs.193 crores.
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