Wednesday, August 12, 2020
The equity markets in India slid half a percent today(12th August 2020), weighed down by metals and financials.
The S&P BSE Sensex dipped 260 points to 38,140 levels and the Nifty50 index hovered around 11,250-mark. Bajaj Finance (down 2%), Bajaj Finserv, and Axis Bank (down 1%) were the top Sensex laggards. Besides, heavyweights HDFC Bank and Reliance Industries also slipped more than 1 percent each in early deals.
The trend among NIfty sectoral indices was largely in the red, led by losses in the Nifty Metal index, down 1.4 percent.
One thirty -seven companies, including Aurobindo Pharma, Ashok Leyland, and Tata Power are scheduled to announce their June quarter results today.
