Sensex Drops 400 Pts, Nifty50 Below 17,700; Nifty It Down 1% Ahead Of Tcs Results

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: Indian equity benchmarks BSE Sensex and NSE Nifty50 started the week in the red tracking weakness across other Asian markets. Losses in financial and IT shares pulled the headline indices lower, though gains in metal shares lent some support. Broader markets strengthened, with the Nifty Midcap 100 and Nifty Smallcap 100 indices rising almost one percent each in early deals. Analysts awaited the onset of the corporate earnings season with Tata Consultancy Services (TCS) due to report its financial results for the March quarter later in the day.

(Edited by : Sandeep Singh)

First Published: IST

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