The markets in India slid in morning deals today(8th June 2021), dragged mainly by metals and banks.
The S&P BSE Sensex fell 110 points at 52,210 levels and the Nifty50 index slipped below the 15,750-mark. Tech Mahindra, NTPC, Bajaj Finance, and HCL Tech rose 1 percent, each, and were the top Sensex gainers.
The Nifty sectoral indices were largely in the red, with the Nifty Metal index, down 2 percent, bleeding the most. Meanwhile, the Nifty IT index was up 1 percent.
The broader markets, meanwhile, outran their benchmark indexes, with the S&P BSE MidCap and SmallCap indices trading 0.5 percent and 0.6 percent higher, respectively.
Forty-six companies including Engineers India, Petronet LNG, Max Financial Services, and Suven Pharmaceuticals are scheduled to release their quarterly earnings today.