The S&P BSE Sensex was at 60,220 because it fell over 500 factors, whereas the Nifty 50 hovered round 17,950, down 140 factors. Each benchmarks have been down 0.7 %.

Within the broader market, the BSE MidCap and SmallCap indices fell by as much as 0.4 %.

Sectorally, the Nifty PSU Financial institution index fell 2.2 %, adopted by the Nifty IT index (down 1.6 %). On the upside, the Nifty Auto added 0.7 %.

Amongst particular person shares, shares TCS (Tata Consultancy Companies) It fell greater than 2 % on combined outcomes for the December quarter. TCS grew internet revenue by 11 % year-on-year (YoY), and income for the quarter stood at Rs 58,229 crore, up 19.1 % in reported phrases and 13.5 % YoY in fixed foreign money phrases.

Other than that, Tata Motors Shares rose greater than 6 %. Automaker Jaguar Land Rover’s retail gross sales rose 5.9 % in Q3 of the fiscal 12 months, reflecting a “gradual enchancment in chip provide.” CLSA upgraded the inventory to ‘Purchase’.

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