The Sensex is is down 190.68 points or 0.6 percent at 28992.27. The Nifty slips 50.20 points or 0.6 percent at 8758.70. About 1504 shares have advanced, 1152 shares declined, and 242 shares are unchanged.
Bharti Airtel, Dr Reddy's Labs and ICICI Bank are down 3 percent while Bajaj Auto and HUL are other losers in the Sensex.
Among the gainers are Hindalco, Wipro, GAIL, Sun Pharma and TCS.
Japanese share prices fell after soft US and China economic data raised doubts over global growth prospects, while shares in two printer manufacturers tumbled after disappointing earnings. Beneficiaries from sliding oil prices in the past several months - ranging from airline companies and rubber makers to power companies -also took a big hit after oil prices posted their biggest rebound in 2-1/2 years.
Bajaj Auto slumped 2 percent after the company posted a 9 percent drop in January auto sales, the lowest in 18 months.
Read more at: http://www.moneycontrol.com/news/local-markets/sensex-slips-over-150pts-nifty-weak-bharti-icici-fall-3_1289588.html?utm_source=ref_article
Read more at: http://www.moneycontrol.com/news/local-markets/sensex-slips-over-150pts-nifty-weak-bharti-icici-fall-3_1289588.html?utm_source=ref_article
Bajaj Auto slumped 2 percent after the company posted a 9 percent drop in January auto sales, the lowest in 18 months.
Read more at: http://www.moneycontrol.com/news/local-markets/sensex-slips-over-150pts-nifty-weak-bharti-icici-fall-3_1289588.html?utm_source=ref_article
Read more at: http://www.moneycontrol.com/news/local-markets/sensex-slips-over-150pts-nifty-weak-bharti-icici-fall-3_1289588.html?utm_source=ref_article
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