Conflicting opinions in the Hungarian press on Hungary’s 17.9 per cent growth rate in the second quarter of the year, which was the third highest in the EU.
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The key equity barometers reversed gains and slipped into the negative terrain in morning trade. The Nifty, however, managed to hold above the 15,550 mark. Metal shares corrected after a three-day wining streak.
At 10:22 IST, the barometer index, the S&P BSE Sensex, was down 93.56 points or 0.18% to 51,843.88. The Nifty 50 index lost 26.20 points or 0.17% to 15,556.60.
In broader market, the S&P BSE Mid-Cap index shed 0.33% while the S&P BSE Small-Cap index declined 0.35%.
The market breadth was negative. On the BSE, 1265 shares rose and 1484 shares fell. A total of 114 shares were unchanged.
COVID-19 Update:
Total COVID-19 confirmed cases worldwide stood at 170,593,575 with 3,547,205 global deaths.