(Photo credit: Kamlesh Pednekar)
The S&P BSE Sensex fell 400 points, or 0.8 per cent, to 48,840 levels, and the Nifty50 index gave up the 14,400-mark. ONGC (down 4%) was the top Sensex laggard, followed by Larsen & Toubro and Tech Mahindra (both down 2%).
Among other individual stocks, Future Retail shares tumbled 10 per cent after the Delhi High Court upheld the Emergency Award that Amazon had won against Future Retail-RIL deal.
The Nifty sectoral indices were painted red, with Nifty PSU Bank index, down 1.9 per cent, bleeding the most.
The broader markets fared worse than their benchmark peers, with the S&P BSE MidCap and SmallCap indices trading 2.7 per cent and 3 per cent down, respectively.
New listing
Shares of Easy Trip Planners will list on the bourses today. The company’s IPO was subscribed 159 times. The scrip was quoting in the grey market at a 70 per cent premium, as per unlisted market watchers.
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