Market Live:
Sensex sinks 500 pts, Nifty breaks 10,900 post Budget 2018, LTCG woes
Benchmark indices opened sharply lower as investors digested Union Budget
2018 and focused on more corporate earnings.
The 30-share BSE Sensex was down 270.47 points at 35,636.19 and the
50-share NSE Nifty fell 83.20 points to 10,933.70.
Axis Bank, Yes Bank, SBI, Indiabulls Housing Finance, Adani Ports, SBI,
ICICI Bank, Kotak Mahindra Bank, Sun Pharma, Tata Steel and UPL were early
losers.
Hindalco, HCL Technologies, Bajaj Auto and ITC were early gainers.
Nifty Midcap extended losses, falling 1.5 percent or 313 points.
Vakrangee, IDBI Bank, Jain Irrigation, Syndicate Bank, PNB, Canara Bank,
JSW Steel, Ceat, VST Tillers and Titan Company were down 1-10 percent.
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