On both, the Indian equity indices, Sensex and Nifty selling were seen in metals and financial stocks. Small Cap and midcap turned lower to end in the red. Among sectors, Nifty Metal fell the most by over 3 per cent followed by private banks, financial services, FMCG and IT indices. PSU Bank and realty sectors were seen green . Among the gainers, Shakti Pumps share price jumped over 13 percent after the company reported a quarterly net profit of Rs 23.25 crore in March 2021
Experts are suggesting that if the index trades below 14,884 levels in the next trading session, it should eventually head to its initial targets placed around 14,600 levels.