Engineering & Capital Goods News

MARKET LIVE: Sensex falls 300 points; IT stocks, HDFC twins drag

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LIVE market updates: The Indian benchmark indices traded over half a per cent lower in Wednesday’s late morning deals, dragged mainly by tech stocks and the HDFC twins.

The S&P BSE Sensex fell 320 points, or 0.64 per cent, at 51,600 levels and the Nifty50 index traded around the 15,550-mark. Tech Mahindra and ITC fell 2 per cent, each, and were the top Sensex laggards.

The Nifty sectoral indices were mixed, with Nifty Metal index, up 1 per cent, leading the gainers.



The broader markets, meanwhile, outran their benchmark peers, with the S&P BSE MidCap and SmallCap indices trading 0.7 per cent and 0.6 per cent higher, respectively.


Results today


A total of 23 companies, including Motherson Sumi Systems, MTAR Technologies, Muthoot Finance, and PVR are scheduled to release their quarterly earnings today.



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