Mumbai: Equity Benchmark Sensex fell by almost 91 points on Wednesday because of ordering earnings at HDFC Bank, SBI and ITC after a two-day rally.
The 30-stock index ended 90.99 points or 0.16 percent lower at 57,806.49 in volatile trade.
The wider nifty fell 19.65 points or 0.11 percent to 17,213.60.
SBI is a top loser in the sensex package, spilling more than 1 percent, followed by ITC, NTPC, Tech Mahindra, Tata Steel, Bank Box and M & M.
On the other hand, Sun Pharma, Indusind Bank, Dr.
Reddy’s and Bajaj Finserv are at Between the enhancers.
Wavy markets throughout the session after a weak trend in the global market, experts said.
There are two different trends in government and market responses to Omicron variants, said V K Vijayakumar, head of investment strategist at Geojit Financial Services.
“The government, globally, responds carefully and imposes several restrictions .
Elsewhere in Asia, Burun in Shanghai, Hong Kong, Seoul and Tokyo ended with a loss.
The stock market in Europe was traded on a mixed note in a mid-session agreement.
Sensex Drops 91 Points, Nifty Ends Below 17,250
