MARKET UPDATE:Volatile session;Sensex down by 200 points around 38,150 levels;Nifty near 11,300-mark


Published On: Monday, September 7, 2020 | By:

MARKET UPDATE:Volatile session;Sensex down by 200 points around 38,150 levels;Nifty near 11,300-mark

The equity markets in India were trading lower in today's (7th sept.2020) volatile session, with financials and FMCG stocks pressuring the benchmark indices. The S&P BSE Sensex hovered around 38,150 levels, down 200 points, and the Nifty50 index was near the 11,300-mark. Titan, IndusInd Bank, and Maruti (all up 1%) were the top Sensex gainers. On the other hand, Mahindra & Mahindra dipped 2 percent. Vodafone Idea surged 10 percent ahead of the company's strategic announcement today. The Nifty sectoral indices were trading mixed, with the Nifty Bank index, down 0.5 percent, leading the list of losers. In the broader market, the S&P BSE MidCap and SmallCap indexes were trading half a percent higher, each. Fifty-two companies are expected to report their earnings including CG Power, General Insurance Corporation of India, and Parag Milk Foods.

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