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Indian benchmarks post losses on Thursday

| | Mar 10, 2016, at 11:02 pm
Mumbai, Mar 10 (IBNS) The Indian benchmark indices reported a loss on Thursday largely due to profit booking, with the BSE Sensex down 170.62 points to 24,623.34, snapping its six-day rally, and the NSE Nifty down 45.65 points to 7,486.15.

Weak global cues were also responsible for the downbeat sentiment.

Infosys was the biggest contributor to Sensex's fall, down 2.8 percent after multiple block deals of 78 lakh shares on exchanges at around Rs 1,150 apiece.

CNBC-TV18, quoting sources, reported that SD Shibulal and S Gopalakrishnan were likely to sell 75 lakh shares on Thursday.

The leading companies whose share prices went up were HDFC, Maruti Suzuki, Bharti Airtel and Hindalco Industries.

Those reporting losses included Reliance Industries, L&T, GAIL,  ITC, SBI, M&M and Dr Reddy's Labs. 

 

Image: Wikimedia Commons

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