Stock market LIVE updates: Benchmark indices turned sharply lower in noon deals on Thursday as sell-off in financial stocks deepened.
The S&P BSE Sensex was down over 550 points at 60,100 levels after hitting an intra-day high of 60,877. The Nifty50 index, meanwhile, was seen testing the 17,900 level.
Bajaj Finance was the top laggard on the Sensex index, down over 8 per cent, after the consumer finance reported that assets under management (AUM) grew by 27 per cent year-on-year (YoY), lower than market expectations, to Rs 2.30 trillion as of December 31, 2022. READ MORE
Bajaj Finserv (down 5 per cent), Power Grid, IndusInd Bank, ICICI Bank, Axis Bank, HDFC Bank, Wipro, Infosys, and Titan were other top drags. On the upside, ITC, Sun Pharma, NTPC, Nestle India, and HUL were the lead gainers.
In the broader markets, the BSE MidCap and SmallCap indices were wee bit in green.
Â
Among sectors, the Nifty FMCG index gained 1.4 per cent, while the Nifty Financial Services index dipped 0.8 per cent.Â
Â
 "India reiterates opposition to China’s Belt and Road Initiative at SCO meet | External Affairs Defence Security News")
 "Trade deficit eases to $20.8 bn in Sept amid geopolitical challenges | Economy & Policy News")
 "HK-based Executive Centre to invest Rs 125 cr to grow India business | Company News")
