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MARKET LIVE: Sensex drops 300 pts, Nifty below 18750; ONGC, RIL firmly gain

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The BSE Sensex fell 200 points to 63,063, and the NSE Nifty50 slipped 60 points to 18,750. 

 

Maruti, Ultratech Cement, HDFC, Power Grid, TCS, ICICI Bank, and HUL led losses on the Sensex, down up to 1.6 per cent, while and Divi’s Labs were the top additional drags on the Nifty, up to 2 per cent lower. 

On the flip side, IndusInd Bank, RIL, ONGC, Hindalco, BPCL, Tata Steel and Dr Reddy’s were the handful of gainers across the two benchmark indices.  

 

In the broader markets, the BSE MidCap index was flat, while the SmallCap index was up 0.2 per cent.

Within sectors, Nifty oil & gas, realty, metal and media indices were the only pockets in green. Auto, Financials slipped the most. 

Among stocks, Yes Bank rose 2 per cent after the RBI gave a conditional approval for its stake sale to Carlyle and Advent International. 



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