Shares of banks, auto-sector and IT sector companies dropped on Monday as the market opened in the Mumbai share market. This brought the BSE Sensex down 150 points in the beginning. Foreign currency drainage in the market is also lacking stability.
Among the companies whose shares dropped on Monday were Tata Motors, Maruti, Tata Steel, HCL Tech, IndusInd Bank, Vedanta, Bajaj Auto, Hero MotoCorp, HDFC Bank and HDFC. Shares of NTPC, Axis Bank dropped 2.40 percent.
In addition, companies that saw gains in shares of Sun Pharma, HUL, Bhartiya Airtel, Larsen & Turbo, Reliance Industries, Bajaj Financial and ITC saw a gain of 1.66%. Says foreign exchange drainage pressure is being seen in the market.
Among the companies whose shares dropped on Monday were Tata Motors, Maruti, Tata Steel, HCL Tech, IndusInd Bank, Vedanta, Bajaj Auto, Hero MotoCorp, HDFC Bank and HDFC. Shares of NTPC, Axis Bank dropped 2.40 percent.
In addition, companies that saw gains in shares of Sun Pharma, HUL, Bhartiya Airtel, Larsen & Turbo, Reliance Industries, Bajaj Financial and ITC saw a gain of 1.66%. Says foreign exchange drainage pressure is being seen in the market.
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