ICICI Bank, Titan drag Sensex 150 points lower, Nifty below 24,300
The BSE Sensex was trading 170 points, or 0.21%, lower at 79,829. The Nifty50 was down 24 points, or 0.1%, trading at 24,300 around 9:20 am.
Tracking a decline in Asian peers, Indian equity indices opened lower on Monday, dragged down by index heavyweights , and .The BSE was trading 170 points, or 0.21%, lower at 79,829. The Nifty50 was down 24 points, or 0.1%, trading at 24,300 around 9:20 am.
From the Sensex pack, HDFC Bank, ICICI Bank, Titan, Infosys, Reliance Industries, and SBI were the top contributors dragging the index down, while , , , and M&M were the top gainers.
Titan share price declined 4% in early trade after the company reported weak growth in the jewellery business during the first quarter of FY25, disappointing the street.
Meanwhile, Tata Motors shares surged 1.5% in early trade after the company posted a 5% year-on-year growth in JLR factory-level sales in the June quarter.
MORE TO COME...
Source: Stocks-Markets-Economic Times
