Markets have been witnessing sell off trades with major stocks on the Nifty index seeing selling pressure. The indices remained subdued from the beginning of the trade.
The NSE Nifty is down by 137 points at 8296, while the BSE Sensex is down by 450 points at 27397.
HDFC is among the top loser on the Nifty Index. The stock has lost nearly Rs. 43 or 3.4% in today’s trade. Indus Ind Bank is also down by 3.2%. Other stocks which have all seen declines of nearly 3% include ITC, Hero Motocorp., Bank of Baroda and State Bank of India.