Domestic stock markets started Wednesday’s session on a choppy note, amid weakness across global equities as rising COVID-19 cases within the US and Europe kept investors cautious. The S&P BSE Sensex index dropped 115.93 points – or 0.29 per cent – to 40,406.17 at the weakest level recorded in early deals, and therefore the broader NSE.
Bharti Airtel shares were focused , each day after the telecom major reported its highest quarterly revenue ever.Sensex Drops Over 100 Points, Nifty Near 11,850 As Financial Stocks weigh down Markets.
In a regulatory filing after market hours on Tuesday, Airtel said its revenue grew 22 per cent to ₹ 25,785 crore within the quarter ended September 30, boosted by higher tariffs and an increase in data usage from a coronavirus-fuelled shift to remote working.
On Tuesday, the Sensex had ended 376.60 points – or 0.94 per cent – higher at 40,522.10 and therefore the Nifty at 11,889.40, up 121.65 points – or 1.03 per cent – from its previous close.
