Finance
Today Indian indices declined sharply after recording heavy losses in IT and banking stocks amid weak Asian trends. Rising inflation, high crude prices, and deepening of Russia-Ukraine crisis weighed on market sentiments.
The Sensex slipped 1172.19 points, or 2.01%, to close at 57,166.74, while Nifty50 lost 302 points to end at 17,173.65. IT, bank, financials, realty, and telecom were the worst performing sectors, while buying was seen in auto, power, FMCG, and metals.
On the 30-stock index, the most gains were made by NTPC, Tata Steel, and Maruti among others, while Infosys, HDFC twins, TCS and TechM were among the biggest losers.
On Nifty50, NTPC, SBI Life, Tata Steel, and HDFC Life made the most gains, while Infosys, HDFC Bank, HDFC, and TechM were among the biggest laggards.
Source:Mint
