Sensex continues to fall; Cipla, Tata Steel, Bajaj Auto rally

Nifty Tips

Equity benchmarks continued to fall amid volatility in afternoon trade, dragged by index heavyweights ICICI Bank, HDFC, Reliance Industries, L&T and HDFC Bank.

ICICI Bank remained top loser, down 3 percent ahead of Q1 earnings followed by HDFC, Reliance Industries, L&T, HDFC Bank and Infosys while Sun Pharma, Lupin, M&M, Bajaj Auto, Cipla, Adani Ports, Tata Steel and Hero Motocorp gained 1-2.5 percent.

European stocks traded higher helped by a rally in bank stocks as investors digest the conclusion of a two-day policy meeting of the Bank of Japan (BOJ) and take stock of more European earnings. The pan-European STOXX 600 was up 0.35 percent.

ICICI Bank remained top loser, down 3 percent ahead of Q1 earnings followed by HDFC, Reliance Industries, L&T, HDFC Bank and Infosys while Sun Pharma, Lupin, M&M, Bajaj Auto, Cipla, Adani Ports, Tata Steel and Hero Motocorp gained 1-2.5 percent.

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