Home Breakout Stock markets drops early gains, indices volatile

Stock markets drops early gains, indices volatile

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Sensex sheds 150 points, Nifty loses 44 points

Mumbai: Equity benchmark indices turned volatile on Friday, giving up early gains with BSE Sensex dropping 150 points to 74,160 and the NSE Nifty50 shedding 44 points to 22,526.

Tech Mahindra, HCL Tech, Ultratech Cement, IndusInd Bank, JSW Steel, Sun Pharma, NTPC, ITC, and HDFC Bank led the gains on the Sensex, while Bajaj Finance and Asian Paints were trading in red. 

On other hand, Shriram Finance and SBI Life were among top gainers on NSE Nifty 50 while Eicher Motors and Bajaj Finserv were among the top losers.

The broader markets opened strong with both the BSE MidCap and SmallCap indices gaining 0.36 and 0.54 per cent respectively.

Nifty Metal, Nifty IT, Nifty Realty, Nifty Pharma, and Nifty Consumer durables lead sectoral gains on the NSE. 

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