Benchmarks prolonged losses and suffered from weakness in metals, oil and gas, consumer goods and financial services. The rebellion of the Telugu Desam party against the central government has had a huge impact on the Indian equity markets.
The main partner of the NDA is TDP … leave the coalition, present a vote of censure and defend different parties … This political uncertainty has influenced the morale of investors. As a result, investors have preferred large-scale sales.
At the end of the trading session, the Sensex fell 510 points to a low of 33.176. Handily lost 165 points to 10.195.
In the overall market, the BSE Midcap and BSE Smallcap indices decreased by 0.45% and 0.28%, respectively.
The action of Dr. Reddy’s Laboratories is slightly lower. The pharmaceutical company has introduced levocetirizine dihydrochloride tablets, USP 5mg, an equivalent over-the-counter generic version of Xyzal Allergy 24HR tablets on the American market.
BSE SENSEX Top Rankers:
Jai Prakash Associates (9.14%), Syntex Industries (8.85%), MMTC Limited (8.29%), Curacao (4.73%), Adani Trans-mission (4.33%).
(-5.84%), Cox and Kings (-5.81%), Bombay Burma Trading Corporation (-5.58%).