Sensex, Nifty Tumble; Real estate stocks fell | Daily News Byte

Sensex, Nifty Tumble;  Real estate stocks fell

 | Daily News Byte

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Mirroring its Asian peers, India’s benchmark index fell on Thursday, helped by inflation concerns as China’s economy reopened.

The S&P BSE Sensex was down 278 points or 0.46% at 60,632.60, while the NSE Nifty 50 was 93 points or 0.51% lower at 18,029.85, at 12:09 p.m.

ONGC Ltd., Tata Steel Ltd., State Bank of India Ltd., Infosys Ltd. and HCL Technologies Ltd. was the top gainer among the NSE Nifty 50 constituents.

While, TCS Ltd., Ultratech Cement Ltd., Tata Motors Ltd., Apollo Hospitals Enterprise Ltd. and Hindalco Industries Ltd. is the top loser in the meter.

Broader market indexes are trading lower; The S&P BSE MidCap fell 0.92%, while the S&P BSE SmallCap fell 0.21%.

All 18 sectoral indices compiled by BSE fell, with S&P BSE Power and S&P BSE Realty falling the most.

The breadth of the market was skewed in favor of the bears. About 1,402 rose, 1,931 fell, and 148 remained unchanged on the BSE.

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