MARKET UPDATE: Sensex fell 200 points at 51,870, and Nifty gave up the 15,300-mark


Published On: Wednesday, February 17, 2021 | By:

MARKET UPDATE: Sensex fell 200 points at 51,870, and Nifty gave up the 15,300-mark

The markets in India slid in today's(17th February 2021) early deals after opening lower, tracking similar cues from other Asian markets. The S&P BSE Sensex fell 200 points at 51,870, and the Nifty50 index gave up the 15,300-mark. Nestle fell 3 percent post the December quarter results and was the top Sensex laggard, followed by ONGC, HDFC, and PowerGrid (down 1 percent, each). The majority of the Nifty sectoral indices, barring two, were trading in the red, with the Nifty Financial Services index dipping 0.6 percent. The broader markets, meanwhile, outperformed their benchmark peers, with the S&P BSE MidCap and SmallCap indices trading 0.3 percent and 0.4 percent up, respectively. Pasupati Spinning, Sanghvi Forging and Engineering, SR Industries, Uniply Decor, and Uniply Industries are set to announce their quarterly earnings today.

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