Nifty Slips Below 22,650 as Cables and Capital Goods Drag Indices
Nifty 50 slipped to 22,629.85, down 0.80%, while Sensex fell 0.67% to 73,217.92 amid broad-based selling. Cables and Capital Goods - Electrical Equipment dragged indices lower, each shedding over 2.8%. Printing & Stationery stood out as a bright spot, gaining over 4% against the negative market trend. Persistent Systems opened a massive ₹42,646 crore QIP issue, aiming to raise up to $450 million. L&T Finance allotted ₹1,500 crore worth of NCDs at a 7.8384% coupon rate.
Nifty 50 slipped to 22,629.85, down 0.80%, while Sensex fell 0.67% to 73,217.92 amid broad-based selling. Cables and Capital Goods - Electrical Equipment dragged indices lower, each shedding over 2.8%. Printing & Stationery stood out as a bright spot, gaining over 4% against the negative market trend. Persistent Systems opened a massive ₹42,646 crore QIP issue, aiming to raise up to $450 million. L&T Finance allotted ₹1,500 crore worth of NCDs at a 7.8384% coupon rate.
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