Market LIVE updates:
The Indian benchmark indices continued their weak run and fell half a per cent in Thursday’s early deals, ahead of the monthly derivative contracts expiry later in the day, although index-heavyweight Reliance Industries helped cap the losses.
Among the headline indices, the S&P BSE Sensex was trading 300 points down at 47,080 levels. The index fell to as low as 46,821 in intra-day deals. The broader Nifty50 index, meanwhile, slipped below 13,900. The HDFC twins fell 2 per cent, each, and were the top Sensex drags. Besides, Sun Pharma, HCL Tech, and PowerGrid were also down 2 per cent, each. On the other hand, RIL was up 1 per cent.
The Nifty sectoral indices were trading weak, with the Nifty PSU Bank index, down 2 per cent, faring the worst.
In the broader markets, the S&P BSE MidCap and SmallCap indices fell 0.6 per cent and 0.8 per cent, respectively.
A total of 129 companies, including Maruti Suzuki
India, Lupin, InterGlobe Aviation, Colgate-Palmolive, IRCTC, and TVS Motor Company, are slated to announce their quarterly earnings on Thursday.
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