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HomeBusinessStock markets continue to slide down, Nifty below 11,330

Stock markets continue to slide down, Nifty below 11,330

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Mumbai: Equity benchmark indices extended their fall for a fourth consecutive trading session this week and traded lower in the early hours on Thursday.
Except IT and Media, all sectoral indices at the National Stock Exchange were in the negative zone.
At 10:15 am, the BSE S&P Sensex was down 117 points at 37,670 while the Nifty 50 slipped 33 points to 11,327.
Heavyweight Reliance Industries slipped 2.4 per cent, largely due to unstable crude oil prices globally. Bharat Petroleum Corporation and power utility major NTPC also shed over 2 per cent.
The other losers included Adani Ports, Bharti Infratel, Dr Reddy and Grasim.
Some IT stocks, however, showed some gains. They included Infosys, Tata Consultancy Services, Wipro and Tech Mahindra.

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