Carnage In D-Street | Nifty Below 19k | Experts On Market Fall | First Trades
First Trades: Indian shares fell on Thursday, dragged by information technology (IT) stocks after Tech Mahindra's disappointing earnings, while rising U.S. Treasury yields intensified fears of interest rates staying higher for longer. All 13 major sectoral indexes logged losses. High weightage banks and IT lost 1% and 1.5%, respectively. Tech Mahindra lost more than 3%, after it posted its biggest fall in profit in over 16 years. Adani group stocks lost between 2% and 6%, on reports of a probe by India's accounting regulator on an EY member firm that audits five group companies. Adani Enterprises shed 3.5% and was the top Nifty 50 loser. Realty shed over 2%, while metals, auto and public sector banks fell over 1% each. The more-domestically focussed small- and mid-caps lost over 3% and 2%, respectively. #firsttrades #stockmarkets #stockmarkettoday #stockinnews #stocks #stockstobuy #stockstosell #etnow Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
