Indian benchmark indices were trading lower on Friday amid rising tensions between Israel and Iran. Selling pressure was seen in index heavyweights including Adani Ports & Special Economic Zone Ltd, State Bank of India, IndusInd Bank Ltd.ITC Ltd.Power Grid Corporation of India Ltd. among others.
At 14:30 hours, the 30-share benchmark index was trading at 570.24 points or by -0.7 % and then NSE Nifty was at 24711.05 down by -177.15 points or by -0.71 %.
Sensex touched intraday high of 81238.68 and intraday low of 80354.59 The NSE Nifty touched intraday high of 24754.35 and intraday low of 24473
The top gainers of the BSE Sensex pack were Mahindra & Mahindra Ltd. (Rs. 1655.00,+0.69%), Tata Consultancy Services Ltd. (Rs. 3444.95,+0.32%), among others.
The top losers of the BSE Sensex pack were Adani Ports & Special Economic Zone Ltd. (Rs. 1406.60,-2.61%), State Bank of India (Rs. 792.70,-1.61%), IndusInd Bank Ltd. (Rs. 817.40,-1.49%), ITC Ltd. (Rs. 415.00,-1.41%), Power Grid Corporation of India Ltd. (Rs. 285.20,-1.25%), among others.
IT index was at 37840.14 up by -32.75 points or by -0.09%. R Systems International Ltd. (Rs. 459.75,+8.93%), Control Print Ltd. (Rs. 753.70,+2.98%), Nelco Ltd. (Rs. 1082.95,+2.88%), InfoBeans Technologies Ltd. (Rs. 391.70,+2.57%), D-Link (India) Ltd. (Rs. 541.15,+2.22%),.Bankex index was at 62607.17 down by -602.78 points or by -0.95%. Canara Bank (Rs. 111.25,-3.85%), State Bank of India (Rs. 793.00,-1.57%), IndusInd Bank Ltd. (Rs. 817.55,-1.47%), YES Bank Ltd. (Rs. 20.14,-1.37%), Bank of Baroda (Rs. 238.25,-1.18%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4266 , shares advanced were 1426 while 2660 shares declined and 180 were unchanged.