Home / Market Beat / Banks, IT drag down. Oil stocks up.

Banks, IT drag down. Oil stocks up.

Markets witness another down session with the Nifty trading well below the 5000 level. Banking, IT and metal counters have continued to decline while Oil marketing stocks are on the rise.

At 10:24 AM, the Nifty is at 4974, down by 43 pts or -0.86%

SBI has declined by 2.5%. ICICI bank is down by 2.4% at 862.50. PNB i s down by 1.9%.

Tata steel has lost 2% to trade at 484. Hindalco has shed over 1%. Sterlite is also down by 1%.

Infy has lost 1.6%. TCS is down by 2%, while Wipro has seen a decline of 1.9%.

RCOM is down by 2.4%.

ONGC is however trading in the green with 1.8% gains. GAIL is also trading in the green with moderate gains.


 

 

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