Equity benchmarks continued to trade lower in afternoon trade as investors remained cautious ahead of exit polls for assembly elections that will end with UP’s last phase on March 8. Actual elections results will be announced on Saturday, March 11.
The 30-share BSE Sensex was down 77.26 points at 28970.93 and the 50-share NSE Nifty fell 25.10 points to 8938.35.
About 1528 shares advanced against 1059 declining shares on the BSE.
Infosys, Reliance Industries, ITC, Axis Bank, SBI, Lupin, Tata Steel and Bharti Airtel were down 0.5-2 percent while TCS and Adani Ports were top gainers, up over a percent.