Sensex, Nifty Drift Lower On Mixed Global Cues
(RTTNews) - Indian shares opened lower on Wednesday, tracking mixed global cues and on eve of F&O expiry.
The benchmark S&P/BSE Sensex dropped 300 points, or half a percent, to 60,680 in early trade, while the broader NSE Nifty index was down 96 points, or half a percent, at 18,022.
Adani Enterprises led losses to trade 4 percent lower while Apollo Hospitals Enterprise, IndusInd Bank, SBI and UltraTech Cement fell 1-2 percent.
Coffee Day Enterprises tumbled 3.2 percent as market regulator SEBI imposed a penalty of Rs. 26 crore on the company for diversion of funds from subsidiaries to a company related to promoters.
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