- Indian stock markets felt the pressure of escalating tensions between
Russia and Ukraine. - While the benchmark Nifty50 and Sensex opened in the green today, they were both down by over 1% each.
- 70-80% of the scrips in both the benchmark indices were in the red as of 11 a.m., including major stocks like Maruti Suzuki, ICICI Bank, HDFC Bank and Hero MotoCorp.
The top losers include Maruti Suzuki, ICICI Bank, HDFC Bank, Hero MotoCorp and others. Maruti Suzuki’s shares shed over 4% as of 11 a.m., and one of the contributors to the fall, apart from the overall market sentiments, could be the subdued sales numbers in February. India’s largest car maker’s sales growth was flat in February when compared to a year ago, with a little over 1.64 lakh unit sales.
Source: NSE
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