The broader indices remained under pressure and lost between 0.6-1 percent amid volatility led by weak start of the India Inc earnings, uncertainty around trade negotiations with US, and President Donald Trump’s plans to impose blanket tariffs of 15% or 20% on most trade partners.
largecaps
Nifty, Sensex continue to fall for sixth consecutive day, broader markets fall
The benchmarks– the Nifty 50 and the Sensex, ended the session in the red for the sixth straight session, albeit off the day’s lows. However, it was the broader market that took a beating in today’s session, with the smallcap and midcap indices shedding around 3 percent and 2 percent, respectively.
IEX tumbles on market coupling buzz
Market coupling is a model where buy bids and sell bids from all power exchanges in the country will be aggregated and matched to discover a uniform MCP.