Key benchmark indices clocked losses for third successive day dragged by bank and Pharma stocks. The BSE Sensex lost 216.35 points or 0.68% at 31,797.84. The Nifty50 index lost 70.50 points or 0.71% at 9,908.05. Weakness in global stocks is seen, despite rising geopolitical worries between US and North Korea weighed on sentiment on the exchanges.
The BSE MidCap fell 1.66% while the Small-Cap fell 1.88%. The fall in these indices was greater than the Sensex's falls in percentage terms.
Pharma stocks down with Cadila Healthcare (-9.54%), Cipla (-3.5%), Dr Reddy's (-2.84%), Glenmark Pharma (-4.2%), Lupin (-2.38%), Aurobindo Pharma (-5.86%) among others. Shares of GSK Pharmaceuticals rose up 0.36%. All the sectoral stocks settled in red mark, where Nifty Pharma shed 4%, the most.
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