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Broader market stocks also remained under pressure. Despite the volatile moves, the volatility index fell by nearly 4 per cent, indicating that traders are not panicked with the profit booking.
Broader market stocks saw heavy selling, with one time advance-decline ratio rising to 1:8 levels. However, clarity on newly enacted rules from BSE helped recover some losses.
Read more about Dhani Services reports consolidated net loss of Rs 191.82 crore in the June 2021 quarter on Business Standard. Sales decline 20.45% to Rs 304.41 crore
How are the bluechips doing? After opening in the red, benchmark indices extended the fall. At 02.20 pm, BSE flagship Sensex was down 626 points or 1.18 per cent to 52,513.57. NSE benchmark Nifty dropped 182 points or 1.15 per cent to 15,740.45. In the 50-share pack Nifty, BPCL was the biggest gainer, up 1.31 per cent. Divi's Lab, NTPC, Tata Consumers, Nestle, Britannia and L&T were among other gainers. HDFC Bank was the top loser in the pack, down 3.44 per cent. IndusInd Bank, Adani Ports, HDFC, Axis Bank, HDFC Life and Hindalco were other losers in the pack. FACTORS DRIVING MARKETS Bad ne...
How are blue chips doing After opening in the red, benchmark indices fell further. At 9.37 am, BSE flagship Sensex was down 260 points or 0.49 per cent to 52,309. NSE benchmark Nifty fell 71 points or 0.45 per cent to 15,657. In the 50-share pack Nifty, Tata Steel was the biggest gainer, up 1.64 per cent. JSW Steel, Dr Reddy’s Labs, Cipla, Divi’s Labs, Adani Ports, Sun Pharma and Axis Bank was the top loser in the pack, down 1.37 per cent. Eicher Motors, TCS, HDFC, ICICI Bank, Shree Cement, IndusInd Bank, HDFC Bank, Bajaj Auto and Reliance Industries were other losers in the pack. Fact...