Sensex, Nifty remain under pressure; banks, auto stocks weigh

Equity benchmarks continued to trade lower in morning trade, weighed by banking & financials and auto stocks.

The 30-share BSE Sensex was down 52.98 points at 31,316.36 and the 50-share NSE Nifty fell 22.40 points to 9,652.15.

HDFC, ITC, ICICI Bank, Infosys, Tata Motors, Asian Paints, Axis Bank and Maruti Suzuki were top contributors to Sensex’ losses.

Lupin was biggest gainer, up 4.5 percent followed by Dr Reddy’s Labs with 2 percent upside.

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