negative
Indian markets weaken as Nifty drops below 26,100 and Sensex declines nearly 400 points
Indian equity benchmarks slipped on Friday, with the Nifty falling below 26,100 and the Sensex dropping around 390 points as sentiment weakened across sectors. India VIX rose 13%, signaling higher near-term volatility. Auto and pharma names including M&M, Maruti Suzuki, TMPV, Eicher Motors and Sun Pharma traded as notable gainers, while Hindalco, Tata Steel, JSW Steel, Bajaj Finance and ICICI Bank were among the key laggards. Sectoral indices remained in the red, with capital goods, realty, PSU Bank and metals down 1%.
The Nifty Metal index fell 1.4% after the government extended exemptions on quality control orders, increasing the likelihood of steel imports and pressuring domestic prices.
Companies:
- M&M
- Maruti Suzuki
- TMPV
- Eicher Motors
- Sun Pharma
- Hindalco
- Tata Steel
- JSW Steel
- Bajaj Finance
- ICICI Bank
Tags:
- markets
- India
negative
Indian markets weaken as Nifty drops below 26,100 and Sensex declines nearly 400 points
Indian equity benchmarks slipped on Friday, with the Nifty falling below 26,100 and the Sensex dropping around 390 points as sentiment weakened across sectors. India VIX rose 13%, signaling higher near-term volatility. Auto and pharma names including M&M, Maruti Suzuki, TMPV, Eicher Motors and Sun Pharma traded as notable gainers, while Hindalco, Tata Steel, JSW Steel, Bajaj Finance and ICICI Bank were among the key laggards. Sectoral indices remained in the red, with capital goods, realty, PSU Bank and metals down 1%.
The Nifty Metal index fell 1.4% after the government extended exemptions on quality control orders, increasing the likelihood of steel imports and pressuring domestic prices.
Companies:
- M&M
- Maruti Suzuki
- TMPV
- Eicher Motors
- Sun Pharma
- Hindalco
- Tata Steel
- JSW Steel
- Bajaj Finance
- ICICI Bank
Tags:
- markets
- India
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negative
Indian markets weaken as Nifty drops below 26,100 and Sensex declines nearly 400 points
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Nifty slipped below 26,100 and Sensex fell nearly 400 points as volatility spiked, sectoral indices weakened and metal shares reacted to extended quality-control exemptions.
Indian equity benchmarks slipped on Friday, with the Nifty falling below 26,100 and the Sensex dropping around 390 points as sentiment weakened across sectors. India VIX rose 13%, signaling higher near-term volatility. Auto and pharma names including M&M, Maruti Suzuki, TMPV, Eicher Motors and Sun Pharma traded as notable gainers, while Hindalco, Tata Steel, JSW Steel, Bajaj Finance and ICICI Bank were among the key laggards. Sectoral indices remained in the red, with capital goods, realty, PSU Bank and metals down 1%.
The Nifty Metal index fell 1.4% after the government extended exemptions on quality control orders, increasing the likelihood of steel imports and pressuring domestic prices.
Indian equity benchmarks slipped on Friday, with the Nifty falling below 26,100 and the Sensex dropping around 390 points as sentiment weakened across sectors. India VIX rose 13%, signaling higher near-term volatility. Auto and pharma names including M&M, Maruti Suzuki, TMPV, Eicher Motors and Sun Pharma traded as notable gainers, while Hindalco, Tata Steel, JSW Steel, Bajaj Finance and ICICI Bank were among the key laggards. Sectoral indices remained in the red, with capital goods, realty, PSU Bank and metals down 1%.
The Nifty Metal index fell 1.4% after the government extended exemptions on quality control orders, increasing the likelihood of steel imports and pressuring domestic prices.
Companies:
- M&M
- Maruti Suzuki
- TMPV
- Eicher Motors
- Sun Pharma
- Hindalco
- Tata Steel
- JSW Steel
- Bajaj Finance
- ICICI Bank
Tags:
- markets
- India
- markets
- India
- Sensex
- Nifty50
- volatility