Financials shares edge lower

23 Sep 2022 , 02:00 PM

Among the components of the S&P BSE Financial Services index, Mahindra & Mahindra Financial Services Ltd (down 12.85%), Cholamandalam Investment & Finance Company Ltd (down 6.32%),Punjab National Bank (down 4.82%),JSW Holdings Ltd (down 4.69%),Canara Bank (down 4.57%), were the top losers. Among the other losers were Mangalam Industrial Finance Ltd (down 4.4%), Federal Bank Ltd (down 4.35%), IIFL Wealth Management Ltd (down 4.33%), Bank of Baroda (down 4.23%), and IDFC First Bank Ltd (down 4.14%). On the other hand, Tourism Finance Corporation of India Ltd (up 5.61%), JM Financial Ltd (up 4.97%), and Max Ventures and Industries Ltd (up 4.34%) moved up.At 13:46 IST, the S&P BSE Sensex was down 880.7 or 1.49% at 58239.02.The Nifty 50 index was down 260.05 points or 1.48% at 17369.75.The S&P BSE Small-Cap index was down 374.81 points or 1.28% at 29002.54.The S&P BSE 150 Midcap Index index was down 153.68 points or 1.69% at 8953.89.On BSE,1037 shares were trading in green, 2341 were trading in red and 136 were unchanged.Powered by Capital Market – Live News