Breaking 2-day gaining streak, indices decline in early trade

Mumbai, April 22, 2022

After rallying for two consecutive sessions, equity benchmark indices traded lower on Friday.

At 9.47 a.m., the Sensex was at 57,392 points, down 520 points or 0.90 per cent, whereas the Nifty, at 17,230 points, was down 162 points or 0.93 per cent.

Among the stocks, Hindalco, Eicher Motors, Dr Reddy's, SBI, and HDFC Life were the top five losers among the Nifty 50 companies, declining 3.6 per cent, 2.3 per cent, 2.2 per cent, 2.1 per cent, and 2.1 per cent, respectively.

Adani Ports, HCL Technologies, ONGC, Tech Mahindra, and Coal India were the top five gainers.

IANS