Nifty struggles below 9900; AU Small Finance, CDSL crash 7-10%

Equity benchmarks remained moderately under pressure in afternoon trade, with the Nifty struggling below 9900 level on profit booking.

The 30-share BSE Sensex was down 39.42 points at 31,997.96 and the 50-share NSE Nifty fell 18.05 points to 9,873.65 on weak breadth.

About 1,601 shares declined against 914 advancing shares on the BSE.

ITC, TCS, HDFC, HDFC Bank and Tata Motors were top contributors to Sensex’ loss whereas Kotak Mahindra Bank, Infosys and SBI outperformed.

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Posted in: Indian Market Tips