Indian equity markets, today (3rd April 2020) continued to slip downwards dragged down by banks and financial stocks, despite a bounce back in crude oil prices and global stocks.
The S&P BSE Sensex dipped 253 points, or 0.95 percent, at 28,000 levels and the Nifty50 index was down 105 points, or 1.08 percent, at 8,160 level.
Among individual stocks, Kotak Mahindra Bank was again the top loser after slipping 7 percent. Besides, IndusInd Bank dipped another 5 percent while both ICICI Bank and HDFC were down 4 percent each. Nifty Bank and Nifty Financial Services indexes, both down over 3 percent, were the top sectoral losers.