Indian equities traded with profound cuts in intra-day exchange on January 27, following weak global cues.
Sensex opened lower, following three successive periods of fall, and dropped more than 600 points in intra-day exchange. Nifty fell under 14,100 points demonstrating that investors are taking money off the table in front of the uber event of the Union Budget 2021.
At 12:10 hours, Sensex was at 552 points, or 1.14 percent, down at 47,795 and Nifty was 156 points, or 1.10 percent, down at 14,083.
Hdfc bank, RIL and Axis banks lead in decline rates on Sensex today. Axis bank takes the worst hit on Nifty with a negative change of -3.3%.