By Priyanka Deshpande
CNBC-TV18.com
Published August 6, 2024
Market erases gains tracking geopolitical tensions & global cues
Sensex slips nearly 200 points from highs & Nifty 400 points off highs
Financials fall the most with Nifty Bank closing 1,000 points off highs
Rupee is weak against dollar, hits record low for 5th straight day, is near 84/dollar
Market cap of BSE-listed companies slips to lowest levels since June-end
Investors lose more than ₹22 lakh crore in last 3 sessions
Marico is top midcap loser as Bangladesh forms 44% of international sales
PFC reports a weak set of earnings, stock ends at day’s low, down 5%
Insurance stocks see a major selling, HDFC Life falls 4%, SBI Life 2%
Britannia sees target raise from brokerages post earnings, stock up 3%