INSUBCONTINENT EXCLUSIVE:
Tech Mahindra Ltd was the top percentage gainer on the NSE index Nifty.The domestic stock markets closed Wednesday's session on a lower note
The NSE's Nifty50 index slipped 97.75 points or 0.91 per cent and settled at 10,671.40
Domestic equity indices fell today as shares of oil marketing companies skidded on higher crude prices
turned cautious a day before the expiry of derivatives contracts
Most Asian markets, led by China, ended lower as jitters over trade conflicts between the US and other major economies lingered.Major
Top laggards in the 30-share Sensex pack were ICICI Bank, Larsen Tourbo, Tata Motors, SBI, Adani ports and Power Grid, ending with losses
on the NSE index as supply disruptions in Libya and Canada coupled with US attempts to stop Iran imports pushed oil prices higher
Bharat Petroleum Corp Ltd and Hindustan Petroleum Corp Ltd dropped around 8 per cent
Energy stocks were among the biggest drags, with the Nifty Energy index closed 2.5 per cent lowerState-run lenders fell after the financial
stability report from the Reserve Bank of India indicated continuation of stress in the banking sector
Public sector banks came under heavy selling pressure, with Punjab National Bank, Bank of Baroda, State Bank of India, Syndicate Bank,
its lowest level in five weeks
Syndicate Bank Ltd fell to its lowest in over nine years while Oriental Bank of Commerce Ltd plunged to its lowest since April
National Stock Exchange (NSE) showed.(With Agencies input)
