Markets continue to trade lower; Sensex near 58,300, Nifty 50 over 17,400; Metal outperforms; Tata Steel top bulls
In the early deals, Sensex has slipped nearly 750 points and even erased its 58,000-mark.
Source: indiainfoline.com
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In the early deals, Sensex has slipped nearly 750 points and even erased its 58,000-mark.
A broad-based selloff was recorded across sectoral indices with FMCG, IT, Healthcare, Consumer Durables, Capital Goods and Auto index weighing down the most.
Infosys, Wipro, Coforge, LTI, and Infosys were also in the fast lane to outperform in all-green sectorial trade.
Investors are on wait-and-watch mode for the RBI's monetary policy. Also, corporate earnings season will commence with TCS Q2 results.
The index has touched a new historic high of 8,161.45 in the early deal.