Equities trade negative in early trade; Sensex, Nifty slip over 1%

New Delhi: After rising substantially during the previous session, India’s key benchmark equity indices — S&P BSE Sensex and NSE Nifty50 — declined sharply in early trade Friday.

Friday’s decline is evidently due to profit booking.

Also Read

Dabur moves Delhi HC against FSSAI prohibition order over misleading ‘100 per cent’ claims

17 hours ago

CCPA penalises IndiGo, FirstCry, Physics Wallah among nine platforms for dark patterns

22 hours ago

At 9.40 a.m., Sensex traded at 58,269 points, down 1.1 per cent or 657 points from the previous close, Nifty traded at 17,398 points, down 1.2 per cent or 207 points from the previous close.

Among stocks, Infosys, Tech Mahindra, Wipro, Titan, and Bajaj Finance were the top five losers in the early trade, NSE data showed.

BPCL, IOC, Hindalco, Mahindra & Mahindra, and Coal India, on the other hand, were the top gainers.

IANS