Key benchmark indices fell nearly 1 percent on Wednesday, snapping two days of gains, with Bank Nifty leading the slump on worries that a sell-off in government bonds would hit the value of their debt holdings. The Sensex provisionally closed 0.95 percent lower at 25,660.84, while the Nifty fell 0.96 percent to 7,672.05.
Hero MotoCorp edged higher in volatile trade after the company's board of approved increasing the investment limits of foreign institutional investors (FIIs) from 40% to 49%.The market breadth, indicating the overall health of the market was negative, in Nifty50 stocks the advances to declines stands at 12 advances to 38 declines.
Hero MotoCorp edged higher in volatile trade after the company's board of approved increasing the investment limits of foreign institutional investors (FIIs) from 40% to 49%.The market breadth, indicating the overall health of the market was negative, in Nifty50 stocks the advances to declines stands at 12 advances to 38 declines.
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