MARKET LIVE: Sensex slips into red; ICICI Bank rises 6%, RIL dips 4%

By Administrator_ India

The Indian markets pared its early gains and slipped into the red in Monday’s volatile start, ahead of the Supreme Court hearing in the interest waiver case.

The S&P BSE Sensex dipped 90 points at 39,500 levels and the Nifty50 index neared the 11,600-mark. ICICI Bank rose over 6 per cent after announcing its September quarter results. The stock was the top Sensex gainer. Besides, IndusInd Bank was also up 3 per cent. On the other hand, Reliance Industries dipped 4 per cent post Q2 results.

The Nifty sectoral indices were trading largely in the green, led by Nifty Bank index, up 1.3 per cent.

New listing

Equitas Small Finance Bank will debut at the bourses today after the issue price was fixed at Rs 33 per share. The Rs 518 crore public issue was subscribed 1.95 times.

Results today

Bandhan Bank, HDFC, and NTPC are among the 61 companies slated to report their Q2 earnings.