Mumbai, India (BBN) – The benchmark BSE Sensex was trading down by nearly 100 points as investors turned cautious ahead of the exit poll results due tomorrow for the ongoing Assembly elections.
Concerns have also grown over a hike in interest rates by the US Federal Reserve next week, reports The Hindu Business Line.
At 11am, the 30-share BSE index Sensex was down 94.32 points or 0.33 per cent at 28,905.24 and the 50-share NSE index Nifty was down 27.4 points or 0.31 per cent at 8,919.50.
Barring healthcare, all other BSE sectoral indices were trading in the red.
Among them, metal index fell the most by 1.62 per cent, oil & gas 1.3 per cent, realty 1.13 per cent and infrastructure 1.06 per cent, while healthcare index was up 0.02 per cent.
Top five Sensex gainers were Power Grid (+0.49 per cent), HDFC Bank (+0.27 per cent), Cipla (+0.27 per cent), ITC (+0.15 per cent) and HDFC (+0.14 per cent), while the major losers were Adani Ports (-1.62 per cent), GAIL (-1.4 per cent), Axis Bank (-1.39 per cent), Tata Steel (-1.38 per cent) and Infosys (-1.34 per cent).
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