The benchmark indices in India fell over half a percent in early deals of the last trading day of the financial year 2020-21 (FY21), amid mixed global cues.
The S&P BSE Sensex fell 300 points to 49,830 levels and the broader Nifty50 index gave up the 14,800-mark. HDFC twins (HDFC and HDFC Bank) were the top Sensex laggards, both down over 2 percent, followed by PowerGrid, ICICI Bank, and Tech Mahindra (down over 1%) each.
All the Nifty sectoral indices, barring the Nifty Pharma index, slipped into the red, with the Nifty IT index, down 1 percent.
Meanwhile, the broader markets outperformed their benchmark peers, with the S&P BSE MidCap and SmallCap indices trading 0.2 percent higher, each.