The Indian market indices Sensex and Nifty50 lost Tuesday’s early gains as a result of selling pressure in the banking and IT sectors. The main drags on the major indices were heavyweights like HDFC Bank, Infosys, Reliance, and TCS, which released its Quarterly Results the day before. However, growth in industries like metal and the auto sector kept the Sensex and Nifty50 from declining any further.
At 11:10 IST, the barometer index, the S&P BSE Sensex, lost 511 points and was trading at a level of 60,236. The S&P BSE Mid-Cap has also lost 110 points and is currently trading at a level of 25,290. The Small-Cap index, which is now trading at 28,854 levels, has also dropped by 73 points.
Nifty 50 index trading at 17,966 levels after losing 135 points. The Bank Nifty has lost 457 points and is currently trading at a level of 42,124.
On January 9, domestic institutional investors (DIIs) were the net buyers of shares worth 1,723.79 crore, while foreign portfolio investors (FPIs) turned out to be the net sellers of shares worth Rs 203.13 crore.
The list of penny stocks that were locked in the upper circuit on Tuesday is provided below. For the following sessions, pay close attention to these counters: