Sensex, Nifty in red; IndusInd Bank, SBI top losers
12/04/2021 10:50
Indian benchmark indices continued to hover in red during the morning deals tracking losses in index-heavyweights HDFC twins, ICICI Bank and Reliance Industries as spiking COVID-19 cases in the country spooked investors amid negative cues from global markets.

Foreign institutional investors were net sellers in the capital market as they offloaded shares worth Rs 653.51 crore on Friday, according to provisional exchange data. At 10:50 hours, the 30-share benchmark index was trading at 48302.99 down by -1288.33 points or by -2.6 % and then NSE Nifty was at 14449.5 down by -385.35 points or by -2.6 %.

Sensex touched intraday high of 48956.65 and intraday low of 48102.23 The NSE Nifty touched intraday high of 14652.5 and intraday low of 14384.4

The top gainers of the BSE Sensex pack were Dr. Reddy's Laboratories Ltd. (Rs. 4921.80,+3.41%), among others.

The top losers of the BSE Sensex pack were IndusInd Bank Ltd. (Rs. 859.95,-6.92%), State Bank of India (Rs. 330.65,-6.34%), Bajaj Finance Ltd. (Rs. 4575.05,-6.12%), Axis Bank Ltd. (Rs. 640.60,-4.17%), Maruti Suzuki India Ltd. (Rs. 6547.20,-4.14%), among others.

Among the sectors, HCS index was at 22939.92 up by 215.18 points or by 0.95%. RPG Life Sciences Ltd. (Rs. 445.90,+10.55%), Solara Active Pharma Sciences Ltd. (Rs. 1483.10,+8.19%), Suven Life Sciences Ltd. (Rs. 88.20,+7.82%), Vimta Labs Ltd. (Rs. 216.40,+6.52%), Cipla Ltd. (Rs. 924.40,+4.77%),.

Realty index was at 2479.95 down by -159.97 points or by -6.06%. DLF Ltd. (Rs. 255.00,-8.75%), Indiabulls Real Estate Ltd. (Rs. 78.35,-8.26%), Sobha Ltd. (Rs. 487.80,-6.06%), Prestige Estates Projects Ltd. (Rs. 294.70,-5.86%), Sunteck Realty Ltd. (Rs. 272.30,-5.70%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2883 , shares advanced were 504 while 2208 shares declined and 171 were unchanged.