Sensex, Nifty off day’s low; Reliance, ICICI Bank stocks dip; European markets open higher

The Nifty Bank is 36,513.60, down 0.46%, while Mid-cap Index is up 0.30%.

Sep 13, 2021 01:09 IST India Infoline News Service

Equity benchmark indices erased morning losses in the afternoon trade as gains were seen in the information technology and metal heavyweights index. On the flip side heavyweights like Reliance Industries, ICICI Bank, HDFC Bank, Hindustan Unilever, Mahindra & Mahindra and Axis Bank are among top draggers.

BSE Sensex is currently 58,234.57 down 70.5 points or 0.12% and the Nifty 50 is currently 17,359.90 down 9.35 points or 0.05%.

The Nifty Bank is 36,513.60, down 0.46%, while Mid-cap Index is up 0.30%. Out of 50 stocks traded on the BSE, 32 advanced, 17 declined and 1 unchanged.

Coal India, Hindalco, TCS, Bharti Airtel, and Maruti are the top gainers. Reliance, ICICI Bank, SBI Life, Adani Ports, and Eicher Motors are the top losers.

Among sectoral front, Nifty Banking and Oil & Gas stocks remain bearish. Nifty Media, Metal, and IT stocks drive trade.

Meanwhile, Reliance Industries was the top Nifty loser, the stock fell over 2% after the company delayed the launch of its affordable smartphone JioPhone Next, which it is developing in partnership with Google.

On the global front, European markets opened in the green with Germany's DAX was up 0.61%, England's FTSE 100 index advanced 0.44% France's CAC40 index rose 0.49%.

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