Stock markets succeeded their peak and turned weak on Thursday after three continuous sessions of gains as the Sensex slipped in view of April derivatives expiry. Moreover, weak Asian cues weighed on sentiment, while investors are looking forward to the plans of U.S President Donald Trump for the U.S tax system.
The BSE Sensex index had gained 768 points in the last three sessions. Maruti Suzuki Ltd was trading lower by 0.15% at Rs. 6,397.50 as investors cut down their bets ahead of the quarterly earnings to be announced later in the day.
BSE indices led by metal, O&G, Bank, PSU and capital goods declined before lunch time. Pharma giant, Jubilant Life Sciences may list its IPO in Singapore, to raise an huge amount of USD 500 million, as per reports. The company had issued high yield bonds of USD 300 million in Singapore, last year.
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