Market Live:
Sensex, Nifty begin October on a negative note; Bandhan Bank plunges 20%
Market Opens It’s a weak start to the month on the
market on Monday morning, with the Nifty below 11,000, while the Sensex is down
almost 100 points.
Among sectors,
banks are in the red, along with automobiles and metals. The Nifty Midcap is
down over a percent.
The Sensex is down
88.38 points or 0.24% at 36138.76, while the Nifty is lower by 51.80 points or
0.47% at 10878.70.
Infosys, ITC, and
GAIL are the top gainers, while Kotak Mahindra Bank, Yes Bank and J Kumar Infra
have lost the most.
Shares of Bandhan
Bank have plunged 20 percent after RBI froze remuneration to its MD & CEO
last week.
Stocks in the News: Engineers India, Vijaya Bank, Bandhan Bank,
Future Consumer, BPCL, TCS
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