Sensex Loses Over 400 Points, Dragged By Banks, Financials

The domestic stock markets have opened deeply in the red, after four successive days of gains, due to profit-booking at higher levels as the daily Covid-cases inched closer to the 4 lakh mark. At 9:18 am, the BSE Sensex was trading at 49,331.35, lower by 431.55 points or 0.8 per cent and the NSE Nifty was at 14,776.50, down 108.63 points or 0.74 per cent. The BSE Midcap and BSE Smallcap indices were, however trading flat.