Indices trade lower; IT shares under pressure
Mumbai, March 18 -- The domestic equity indices traded with limited losses in mid-morning trade. The Nifty slipped below the 22,000 level. IT shares extended losses for the second consecutive trading sessions.
At 11:27 IST, the barometer index, the S&P BSE Sensex, was down 184.13 points or 0.25% to 72,459.30. The Nifty 50 index shed 58.20 points or 0.26% to 21,965.15.
In the broader market, the S&P BSE Mid-Cap index declined 0.58% and the S&P BSE Small-Cap index shed 0.64%.
The market breadth was negative. On the BSE, 1,767 shares rose and 1,922 shares fell. A total of 152 shares were unchanged.
IPO Update:
The initial public offer (IPO) of Krystal Integrated Services received 63,45,470 bids for shares as against 29,99,448 shares on ...
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