Market At Close | Sensex, Nifty50 slide deep into the green in last hour
Here are some highlights:
–Frontline indices fall 2 percent from day’s highs
–40 Nifty stocks in the red
–All sectoral indices in the red
—Maruti Suzuki slips, UltraTech flat despite higher-than-expected earnings
–Axis Bank top Nifty loser after earnings, stock down 6 percent
–Auto stocks slip ahead of monthly sales numbers, Bajaj Auto top loser
–City gas co stocks see a drop of 6-7 percent after Credit Suisse downgrade
—Shriram Transport top midcap gainer after strong earnings
—Laurus Labs gains 5 percent from lows on positive management commentary
—IndiaMART recovers day’s losses to move into the green despite weak earnings
–Market breadth favours bears, advance-decline ratio at 1:2
