INSUBCONTINENT EXCLUSIVE:
The SP BSE Sensex and NSE Nifty 50 indexes ended lower in today's session paced by selling pressure in Yes Bank, IndusInd Bank, Hero
MotoCorp and Maruti Suzuki
However, the losses were capped as IT shares like HCL Technologies, Infosys, Wipro and Tata Consultancy Services witnessed buying
interest.The Sensex ended 36 points or 0.1 per cent lower at 39,032 and the NSE Nifty 50 Index declined 6 points or 0.6 per cent at
11,748.Yes Bank shares fell 30 per cent after rising bad loans triggered its first quarterly loss
The bank's loss came in at Rs 1,506 crore on account of higher provisions for bad loans
Indiabulls Housing Finance, IndusInd Bank, Hero MotoCorp, Bharti Infratel, Maruti Suzuki, Bajaj Finserv and Britannia Industries were also
among the losers in Nifty 50 basket of shares.On the other hand, JSW Steel, Zee Entertainment, Indian Oil, HCL Technologies, Tata Steel,
Bharat Petroleum, Hindalco and Titan were also among the gainers.Twelve of 19 sector gauges compiled by BSE ended lower led by the SP BSE
Telecom and Realty Indexes 2.2 per cent decline
Bankex, auto and power indexes also declined between 1 and 1.7 per cent each.On the flipside, SP BSE IT Index was top gainer, up 1.4 per
cent.Mid- and small-cap shares underperformed their larger peers as the SP BSE MidCap and SP BSE SmallCap Indexes declined over 1 per cent
each.Get the latest election news, live updates and election schedule for Lok Sabha Elections 2019 on TheIndianSubcontinent.com/elections
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Election results will be out on May 23.
