The S&P BSE Sensex fell 550 factors to 49,090 ranges. The index hit an intra-day low of 48,948. The broader Nifty50 index fell beneath 14,450. Axis Financial institution, down 4 per cent, was the highest Sensex loser. Apart from, Axis Financial institution, ICICI Financial institution, HDFC, and Tech Mahindra fell 2 per cent, every. Reliance Industries additionally slipped 2 per cent forward of its quarterly outcomes later within the day. Alternatively, Bajaj Auto surged as a lot as 8 per cent.
Amongst different particular person shares, Biocon tumbled 9 per cent whereas SBI Card rose as a lot as 4 per cent after saying their respective December quarter outcomes.
All of the Nifty sectoral indices have been painted pink, besides Nifty Auto index, which was ruling 2 per cent increased.