Financials stocks edge lower

17 Jan 2025

Financials stocks edge lower

Among the components of the BSE Financial Services index, Authum Investment & Infrastructure Ltd (down 5.1%), PB Fintech Ltd (down 5.06%),Axis Bank Ltd (down 5.02%),Spandana Sphoorty Financial Ltd (down 4.31%),Shriram Finance Ltd (down 3.53%), were the top losers. Among the other losers were Rane Holdings Ltd (down 2.99%), Kotak Mahindra Bank Ltd (down 2.91%), KFin Technologies Ltd (down 2.84%), CRISIL Ltd (down 2.63%), and Cholamandalam Investment & Finance Company Ltd (down 2.59%).

On the other hand, Fusion Finance Ltd (up 5.06%), JSW Holdings Ltd (up 4.92%), and IDBI Bank Ltd (up 4.54%) turned up.

At 13:37 IST, the BSE SmallCap was down 151.2 or 0.29% at 52157.47.

The BSE 150 MidCap Index index was down 21.8 points or 0.14% at 15102.93.

The Nifty 50 index was down 126.7 points or 0.54% at 23185.1.

The BSE Sensex index was down 537.09 points or 0.7% at 76505.73.

On BSE,1776 shares were trading in green, 2046 were trading in red and 144 were unchanged.

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