Autos, financials, metals, and realty stocks led the losses with up to 2 per cent cut on their respective sectoral indices. The S&P BSE Sensex was down over 300 points at 60,730, while the Nifty50 index was below 18,100.
Tata Motors, Bajaj Finserv, Axis Bank, M&M, IndusInd Bank, NTPC, L&T, Titan, and Nestle India were among the top laggards on the Sensex, down up to 2 per cent.
Infosys, Kotak Bank, Bharti Airtel, SBI, and HDFC Bank, meanwhile, held gains.
In the broader markets, the BSE MidCap index fell 0.6 per cent, while the SmallCap index dropped over 1 per cent.
New listing
Sula Vineyards has made a tepid stock market debut, with its shares listed at Rs 361, a 1 per cent premium to its issue price of Rs 357 per share on the National Stock Exchange (NSE) on Thursday. The stock of breweries & distilleries company opened almost on par at Rs 358 on the BSE. READ MORE
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