Markets in India declined in today's (15th May 2020) early deals, pulled down by auto and bank stocks, amid mixed global cues.
The S&P BSE Sensex hovered around 31,100 levels and the Nifty50 index was below 9,150. Mahindra & Mahindra (down 2%) and ITC (down 1%) were the top Sensex losers while ONGC gained 2 percent. Biocon dipped 2 percent after its Q4 net profit declined 42.2 percent to Rs 123 crore on a y-o-y basis.
The trend among Nifty sectoral indices was largely negative, led by the Nifty Auto index, down 0.8 percent.
Today,12 companies including Cipla, Aarti Drugs, and M&M Finance are scheduled to announce their results