Sensex falls over 250 points, Nifty down almost 1%; SBI down 4%

The market, in the afternoon session, continued to see heavy selling pressure, with the Nifty breaching 9500-mark.

The Sensex was down 271.50 points at 30866.71, while the Nifty was down 94.00 points at 9480.95. The market breadth was negative as 614 shares advanced against a decline of 1,884 shares, while 129 shares were unchanged.

State Bank of India (SBI), Axis Bank, Bank of Baroda and BPCL were the top losers on both indices, while Bharti Airtel, Adani Ports, and GAIL gained the most.

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Posted in: Indian Market Tips