Read more about Utilties shares fall on Business Standard. Utilties stocks were trading in the negative zone, with the S&P BSE Utilities index falling 5.38 points or 0.26% at 2064.58 at 13:49 IST.
PowerGrid (₹232.2): Breaches a multi-year highExtending the rally, the stock of Power Grid Corporation of India closed with a gain of nearly 10 per cent last week. With that, the scrip has closed in t
The equity barometers were trading near the day s low in afternoon trade. The Nifty was hovering below 14,800 mark. Rising COVID-19 cases and negative global cues triggered selling in domestic shares.
At 13:20 IST, the barometer index, the S&P BSE Sensex, skid 796.37 points or 1.56% at 50,093.39. The Nifty 50 index lost 207.35 points or 1.38% at 14,774.40.
Reliance Industries (down 2.50%), HDFC (down 2.90%) and TCS (down 3.18%) were major drags.
Selling was broad based. The S&P BSE Mid-Cap index slipped 1.11%. The S&P BSE Small-Cap index fell 0.63%.
Sellers outnumbered buyers. On the BSE, 1,026 shares rose and 1,876 shares fell. A total of 165 shares were unchanged. In Nifty 50 index, 11 stocks advanced while 39 stocks declined.
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Read more about Utilties stocks rise on Business Standard. Utilties stocks were trading with gains, with the S&P BSE Utilities index increasing 41.84 points or 2.04% at 2090.94 at 09:48 IST.