M&M, Tata Metal, JSW Metal, IndusInd Financial institution, Kotak Mahindra, HDFC Financial institution, Reliance Industries, SBI, Bajaj Finserv, Axis Financial institution, ICICI Financial institution and L&D have been the highest losers. NTPC, Tata Motors and Infosys have been the gainers.
Vikram Cassatt, Head of Advisory, PL Capital-Prabhudas Lilladher, says that at the moment is the fifth consecutive day when the Indian inventory market has seen a decline. This is because of steady promoting by overseas traders, rising inflation and poor company earnings, as a consequence of which the arrogance of traders has been shaken.
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