NEW DELHI: Slowing growth and sinking Dow futures ahead of US market opening took a toll on Dalal Street. Benchmark indices ended the day deep in the red on Thursday, dragged by banks and metal stocks.
The move was volatile as profit booking near all time high levels continued. Fitch, meanwhile, cut India’s FY22 GDP growth forecast to 10 per cent but sees revival if vaccination is rapid.
The 30-share pack Sensex dropped 485.82 points or 0.92 per cent to close at 52,568.94. Its broader peer NSE Nifty climbed 151.75 points or 0.96 per cent to 15,727.90.
Market at a glance:
- PNB Housing jumps 5 per cent as parent asks to restructure Carlyle deal
- Bajaj Healthcare soars 8 per cent after receiving licence from DRDO
- India VIX, barometer of volatility, surges 11 per cent on weekly expiry day
- Select IT stocks defy trend, NIfty IT sole sectoral gainer
- IPO watch: GR Infra subscribed 4.5x, Clean Science 3x
MORE TO COME…
