Sensex down 400 pts; Hitachi Energy, Max Financial lead MidCap losses

The benchmark indices, Nifty50 and the Sensex, fell as hopes for a deal between the US and Iran dimmed.

As of 10:00 AM, the Nifty50 was down 107.15 points or 0.44 per cent at 24,475.55 and the Sensex fell 383.79 points or 0.49 per cent to 78,158.65.

InterGlobe Aviation, Bajaj Finance, and Shriram Finance were the top losers in the Nifty50 index.

In the broader markets, the Nifty MidCap was down 0.02 per cent, while the Nifty SmallCap was up 0.32 per cent.

Sector-wise, the Nifty Private Bank, the Nifty Bank, and the Nifty Financial Services underperformed, while the Nifty IT and the Nifty Metal outperformed.

Q1 Results Today

Arkade Developers, Ashiana Housing, Ashoka Buildcon, Balrampur Chini Mills, Bata India, Borana Weaves, AvenuesAI, Confidence Petroleum India, DAM Capital Advisors, Delta Corp, EPL, Esab India, Finolex Cables, Flair Writing Industries, Gokaldas Exports, Gujarat Energy, Harsha Engineers International, Hind Rectifiers, IFCI, Innova Captab, Insecticides (India), ISGEC Heavy Engineering, Jash Engineering, JNK India, JSW Dulux, KPI Green Energy, Kalpataru Projects International, Landmark Cars, Lloyds Enterprises, Manappuram Finance, Man Industries (India), MRF, NBCC (India), PI Industries, Polyplex Corporation, Precision Camshafts, Repco Home Finance, RHI Magnesita India, Rail Vikas Nigam, Sandhar Technologies, Som Distilleries & Breweries, Senco Gold, Siemens, SKF India, Skipper, S.P. Apparels, Sunflag Iron & Steel Company, Surya Roshni, TARC, TCPL Packaging, TD Power Systems, Techno Electric & Engineering Company, Unichem Laboratories, Venky’s (India), Viyash Scientific, Zydus Lifesciences.

IPO Today

Milky Mist Dairy Food initial public offer (IPO) opened for subscription on Tuesday. The book-build issue is worth ₹1,553 crore.

Similarly, Sham Foam and Fascinate Textiles IPOs opened for subscription on Tuesday.

Dhoot Transmission and Molbio Diagnostics initial IPOs opened for subscription for the second day. The companies are aiming to raise ₹3,066.89 crore and ₹939.70 crore, respectively.

LEAP India and Technocraft Ventures IPOs opened for subscription for the final day. The issues are worth ₹251.88 crore and ₹2,480 crore.

Optimystix Entertainment IPO entered the final day of subscription. The company is seeking to raise ₹108.50 crore from the primary market.