The markets in India traded lower, but off the day's bottom, in morning deals today(14th June 2021), amid a weak trend in metals and public sector banks.
The S&P BSE Sensex dipped 230 points, down 0.4 percent, and hovered around the 52,240-mark. The index fell to as low as 51,936 in intra-day deals. Meanwhile, the broader Nifty50 hovered below the 15,750-mark. Bajaj Finance fell 2 percent and was the top Sensex laggard, followed by NTPC, Dr. Reddy's, Bharti Airtel, and State Bank of India (all down 1%).
Among other individual stocks, Adani Group stocks (Adani Enterprises, Adani Power, Adani Ports, Adani Transmission) hit their respective lower circuits on a report that the NSDL has frozen the accounts of three foreign funds — Albula Investment Fund, Cresta Fund, and APMS Investment Fund — which together own over Rs 43,500 crore worth of shares in four Adani Group companies.
Read more