INSUBCONTINENT EXCLUSIVE:
Domestic equity benchmark indices extended declines and bucked the strong trend seen in other Asian markets paced by losses in Asian Paints,
Bajaj Finserv, Yes Bank, HPCL and Coal India
The SP BSE Sensex fell as much as 283 points or 0.8 per cent to 35,525.96 and the NSE Nifty 50 index tumbled 85 points or 0.79 per cent to
10,639.50.Asian share markets bounced broadly on Monday as investors dared to hope for both progress at Sino-United States trade talks in
Washington this week and more policy stimulus from major central banks.Back home, seventeen of 19 sector gauges compiled by BSE were trading
lower dragged by the SP BSE Consumer Durables Index's 1.3 per cent decline
Energy, FMCG and Information Technology indices also fell over a per cent each
On the flipside, SP BSE Realty Index was top gainer, up 1.4 per cent.As many as 40 shares in the Nifty 50 basket were trading lower led by
Asian Paints stock's 3.25 per cent decline
While, 23 shares in the Sensex were trading with a negative bias.Reliance Industries was the biggest drag on the Sensex, followed by Tata
Consultancy Services, Hindustan Unilever, HCL Tech and Yes Bank.Selling pressure was broad-based as the SP BSE Midcap Index fell 0.71 per
cent and the SP BSE Smallcap Index declined 0.55 per cent.Indiabulls Ventures, Aarti Industries, Tata Power and IDBI Bank were among the
losers in the midcap space
While, Tejas Networks, Finolex Industries, Himadri Specialty Chemical and Take Solutions were among the losers from the smallcap space.(With
