INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Tech Mahindra, Bharti Infratel, HCL Technologies, HDFC Bank, Cipla and Dr
Reddy's Laboratories emerged as the top gainers in the Nifty index on Wednesday.
On the contrary, BPCL, HPCL, Indian Oil Corporation, GAIL
(India), UPL and Larsen Toubro featured among the top losers in the Nifty pack of stocks
Indian equities markets lurched lower on Wednesday owing to across the board selling, led by oil gas, metal, capital goods, bank, power
and utility stocks.
Factors, including falling rupee, surging oil prices and weak global cues thwarted market sentiment
Moreover, investors restricted their bets ahead of the expiry of June series of future and option contracts tomorrow
The Sensex plunged by 273 points, or 0.77 per cent, settling at 35,217, with just four stocks in the green
The 50-share index Nifty closed the day 98 points, or 0.91 per cent, down at 10,671
Only eight stocks could manage to close in the green in the index
