Banks drag market to end at day’s low, ICICI and HDFC Bank top losers

CNBC TV18 By Priyanka Deshpande Published March 11, 2024

[{"selector":"#anim-a5bb18d4-2c56-4ca8-a97b-e57ececb9b78","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b1cbcb87-4b1d-4e3b-a1a3-a5bc86dbed18","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 176.38896%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Market fails to hold record high hit in opening trade, ends at day’s low

[{"selector":"#anim-c007ae72-4307-4595-b7d7-1e2853050e03","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4c2eb345-399c-4f34-93c9-d5301d77bd4b","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 177.52530%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Banks drag market the most with ICICI & HDFC Bank being top losers

[{"selector":"#anim-075dfbc8-17bf-4e76-a78b-322c6f458035","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b3179f0d-5868-4257-8723-c872271a517c","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 212.67063%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Nifty closes around 22,300 after hitting record high of 22,527

[{"selector":"#anim-06cd94cf-eadc-4b9e-b913-9d4992e6d630","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-dc9d8f48-c154-4a73-b93a-6e9090604d07","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 261.79339%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Sensex falls 617 points to 73,503 & Nifty 161 points to 22,3333

[{"selector":"#anim-8d06e9a9-866a-4e6a-ac4b-be31d54d540a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0e129bf6-d9cd-4784-b606-0c578c4dab0d","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 169.57073%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Nifty Bank slips 508 points to 47,328 & Midcap Index 192 points to 48,775

[{"selector":"#anim-f3c3b7fe-1c7a-47d7-b810-048eae5692fb","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a95dde34-5197-4eb1-9798-e2be79d9a4ae","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 180.40936%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Tata stocks slip as reports say Tata Sons’ listing unlikely in foreseeable future; Tata Chemicals slips 10%, Tata Investment 5%, Tata Power 3% & Tata Consumer 3% Read More

[{"selector":"#anim-94a59985-23b6-46bd-a43f-750031875faa","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d3111507-b2ba-4a0e-bad1-1e26e5e8f7cb","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 238.88892%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] SBI closes with a cut of 2% as SC declines its plea in electoral bond case Read More

[{"selector":"#anim-022e0673-b1cd-4243-9524-6a8f0d84a4cb","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-31a9675b-0277-44bc-9fb1-3d4b7b371346","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 165.02527%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Bajaj Auto sees profit booking, falls more than 2%, other auto names fall too

[{"selector":"#anim-8958372c-935d-4e76-be4b-29a6201d726e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ed203e22-db84-49f9-979d-476cc15a3847","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 228.46010%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] NMDC falls 4% as iron ore prices come under pressure

[{"selector":"#anim-ff04b2a0-a2c3-48c0-ba9d-8c85e8ad9066","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2874c69e-480e-45a1-9c11-1dc41c987cf8","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 179.79800%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Life Insurance stocks close largely higher on healthy montly data, ICICI Prudential top gainer

[{"selector":"#anim-b4adb5f7-3a2f-40d8-80f8-50e6a4e499b5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-732a93d4-1e0e-4893-93b5-90bc4ba61da6","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 230.21446%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Trent, Siemens & Cummins end higher but sharply off highs

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