Stock Market Live: Sensex Falls Over 400 Points

Stock Market Live: The Indian benchmark indices, Sensex and Nifty traded lower on Monday dragged by selling in banks, FMCG, auto and financial stocks. Broader markets, smallcap and midcap indices traded over half a percent lower each. IT and metal stocks outperformed.

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The company has acquired an additional 25 percent stake in Krishnapatnam Port for Rs 2,800 crore. With this acquisition, the company now holds a 100 percent stake in the Krishnapatnam Port. The bank’s advances aggregated to approximately Rs 11,320 billion as of March 31, 2021, a growth of around 13.9 percent over Rs 9,937 billion as of March 31, 2020 and a growth of around 4.6 percent over Rs 10,823 billion as of December 31, 2020.

Deposits aggregated to approximately Rs 13,350 billion as of March 31, 2021, a growth of around 16.3 percent over Rs 11,475 billion as of March 31, 2020 and a growth of around 5.0 percent over Rs 12,711 billion as of December 31, 2020.

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Mutual funds invested Rs 2,476 crore in equities in March, making it the first such infusion in 10 months, as consolidation in the market provided investment opportunities to fund managers. According to Sebi data, MFs put in a net amount of Rs 2,476.5 crore in equities in March.

Before that, MFs withdrew Rs 16,306 crore from equities in February, Rs 13,032 crore in January, Rs 26,428 crore in December, Rs 30,760 crore in November, Rs 14,492 crore in October, Rs 4,134 crore in September, Rs 9,213 crore in August, Rs 9,195 crore in July and Rs 612 crore in June.

Stock Market Live: Sensex Falls Over 400 Points via @MasterMindUpdate
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