Trends on GIFT Nifty indicate a weak start for the broader index in India, with a loss of 217 points or 0.90 percent. The Nifty futures were trading around 23,972 level.
The Indian equity indices ended weak on May 8 as investors remained concern over escalating tensions between India and Pakistan after Indian forces neutralised air defence system in Lahore.
At close, the Sensex was down 411.97 points or 0.51 percent at 80,334.81, and the Nifty was down 140.60 points or 0.58 percent at 24,273.80.
Biggest Nifty losers were Shriram Finance, Eternal, M&M, Tata Consumer, Adani Enterprises, while gainers included HCL Technologies, Kotak Mahindra Bank, Titan Company, Axis Bank, Coal India.
Except IT and Media, all other sectoral indices ended in the red with metal, oil & gas, pharma, PSU Bank, auto, consumer durables, realty down 1-2 percent.
The BSE midcap index shed 1.9 percent and smallcap index fell 1 percent.
The desire to perform all the time is usually a barrier to performing over time – Robert Olstein