Inventory market LIVE updates: The Indian benchmark indices prolonged their losses in midday offers of Monday’s unstable session, with Reliance Industries plunging as a lot as 5 per cent after the announcement of its December quarter outcomes.
The S&P BSE Sensex hovered round 48,450 ranges, down 400 factors. The index had earlier risen to 49,010 ranges in intra-day offers. The broader Nifty50 index fell beneath the 14,300-mark. Aside from Reliance Industries, Asian Paints and HCL Tech additionally slipped 2 per cent, every. However, UltraTech Cement climbed 2 per cent and was the highest Sensex gainer.
All of the Nifty sectoral indices had been painted pink, besides Nifty Pharma index, which was up 1.4 per cent.
Within the broader markets, the S&P BSE MidCap and SmallCap indices slipped over 1 per cent, every.