- Analysts bearish on Delhivery as volumes, integration costs weigh on Q1
- HDFC-HDFC Bank merger could set off Rs 48k-cr Nifty50 churn: Brokerage
- Markets up, but demat openings moderate in July in continuing trend
- Oil prices slip as US crude stockpiles rise, eyes on US inflation data
- Sugar shares under pressure, decline up to 7%; Balrampur Chini at 2022 low
- Eveready Industries hits 5-month high on hopes of better business outlook
- Roll-out of 5G tech will map Bharti Airtel's stock trajectory: Analysts
- Jefferies sees 15% correction in Indian markets; adds Zomato to portfolio
- Siemens hits new high on record order book, market-cap crosses Rs 1 trn
- AIA Engineering hits new 52-week high, soars over 10%
Sensex slips 183 pts in a choppy trade; Nifty below 15,700; TCS dips 1.5%
The broader markets, on the flipside, settled about half a per cent higher.
Stock market updates: Indian Equities declined in-line with Asian peers on Friday as rapidly spreading Delta variant of Covid-19 in the region fanned fears of a stalled growth. That apart, Washington's call to add at least 10 Chinese entities to its economic blacklist over alleged human rights abuses and high-tech surveillance in Xinjiang pulled benchmarks in Japan, South Korea, and China down by up to 1 per cent.
Back home, the S&P BSE Sensex dropped 183 points, or 0.35 per cent, to settle at 52,386 levels while NSE's 50-share benchmark declined 38 points, or 0.24 per cent, to close at 15,690 levels. Heavyweights, TCS, HDFC Bank, Reliance Industries, Axis Bank, Kotak Bank, and HDFC were the top laggards along with Wipro, Bajaj Auto, and M&M.
The broader markets, on the flipside, settled about half a per cent higher. Sectorally, the Nifty Private Bank index was the biggest drag, down 0.6 per cent. On the upside, the Nifty Realty index zoomed 2.4 per cent.