Sell-off in finance stocks pull Sensex, Nifty 1% lower

BSE Sensex lost over 400 points and the Nifty down 140 points

Mumbai.

The key Indian equity indices traded in the red on Monday afternoon with the S&P BSE Sensex losing over 400 points and the Nifty down 140 points. The sell-off was led by the banking and finance stocks analysts said. Almost all other major sectoral indices traded lower so far in the day.

At 1.02 p.m. the NSE Nifty50 traded at 11 009.45 points lower by 133.65 points or 1.20 per cent from the previous close.

The BSE Sensex which had opened at 36 924.72 points traded at 36 395.62 points lower by 445.98 points or 1.21 per cent from the previous close of 36 841.60 points.

So far it has touched an intra-day high of 36 945.50 points and a low of 36 239.57 points.

The top gainers on the Sensex were Tata Consultancy Services Infosys ONGC Coal India and NTPC while the major losers were Mahindra and Mahindra Maruti Suzuki HDFC Bharti Airtel and IndusInd Bank.

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