Stock market LIVE updates: In the broader markets, the BSE MidCap and SmallCap indices were also in the negative territory, down around 1 per cent each.
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MARKET LIVE | Indian markets | BSE NSE
SI Reporter |
Last Updated at June 10, 2022 14:52 IST
Photo: Reuters
Stock market live updates: The key benchmark indices were sharply lower on Friday, tracking a plunge in global markets on inflation fears ahead of the US May CPI data, which remains a crucial pivot for investors around the world.
In the broader markets, the BSE MidCap and SmallCap indices were also in the negative territory, down up to 1 per cent.
Sectorally, all indices suffered losses. Nifty Financial Services and IT slumped the most, down over 2 per cent. Nifty Bank, Realty, Pharma and Metals were other notable drags.
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Among stocks, IIFL Finance rose around 5 per cent, defying a weak market. The company’s wholly-owned subsidiary IIFL Home Finance has entered into definitive agreement for raising Rs 2,200 crore for a 20 per cent stake from the Abu Dhabi Investment Authority (ADIA).
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