Indian shares fell in early trade on Friday, tracking weak global markets as global growth worries mounted.
The benchmark 30-share BSE Sensex dropped 208 points, or 0.4 percent, to 52,360, while the broader NSE Nifty index was down 53 points, or 0.3 percent, at 15,674.
Private banks paced the declines, with ICICI Bank, HDFC Bank, Axis Bank and IndusInd Bank all falling over 1 percent.
TCS, India’s largest IT services provider, dropped half a percent after its quarterly numbers missed the consensus estimate on all counts.
Tata Steel rallied 1.7 percent after a rating upgrade.
Bharat Dynamics jumped nearly 4 percent on a new order win.
JSW Steel climbed 1.3 percent after CARE upgraded its credit ratings.
Sensex Down Over 200 Points; Nifty Dips Below 15,700
2021-07-09 04:35:12
