Banking sector stocks depress equity indices (Second Lead)
Mumbai Feb 14 (IANS) Massive sell-off in banking sector stocks pulled the key Indian equity indices -- S&P BSE Sensex and NSE Nifty50 -- lower on Wednesday.
According to market observers heavy selling pressure was witnessed in banking healthcare and automobile stocks.
At 3.30 p.m. the barometer 30-scrip Sensitive Index (Sensex) of the BSE receded by 144.52 points or 0.42 per cent to 34 155.95 points from Monday s close. The equity markets were closed on Tuesday.
Similarly the wider Nifty50 of the National Stock Exchange declined by 38.85 points or 0.37 per cent to 10 500.90 points.