The S&P BSE Sensex hovered round 50,100 ranges whereas the broader Nifty50 index was close to the 15,100-mark. Mahindra & Mahindra, Kotak Mahindra Financial institution, IndusInd Financial institution, and ONGC have been all down over 1 per cent. Amongst different particular person shares, Tata Motors slid over 5 per cent after saying its March quarter outcomes.
The pattern amongst Nifty sectoral indices was combined, with features in Nifty Pharma index being offset by losses in Nifty Auto index.
In the meantime, the broader indices outran their benchmark friends, with each the S&P BSE MidCap and SmallCap indices ruling over half a per cent greater.
A complete of 25 corporations, together with Indian Oil Company, Indiabulls Housing Finance, JK Tyre & Industries, and SML Isuzu are scheduled to launch quarterly earnings immediately.