Decline in banks outweighs gains in IT, pharma stocks; Sensex slips 87 pts
IndusInd Bank, Power Grid, ICICI Bank, Tata Motors, HDFC Bank, Reliance Industries, and Axis Bank, down up to 4 per cent, were the top laggards on both the benchmarks
SI Reporter New Delhi
Stock market updates: Weak global sentiment scarred bulls on Monday as heavy selling in the financial and banking counters outweighed the gains in pharma, IT, and FMCG space. Asian stocks were mixed while European markets bled as a plunge in the Turkish lira sparked talk that capital controls might be needed to stem the rout. ...Read More
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First Published: Mar 22 2021 | 7:53 AM IST