Intraday Market Today's Overview; Nifty ends at 7109

Coal India, SBI, Bajaj Auto, ICICI Bank and Axis Bank were top losers in the Sensex 

Market Outlook:- 

• The market has ended lower after the 50-share indices slipped below 7100. The Sensex skid 378.61 points or 1.6 percent at 23410.18 and the Nifty slipped 125 points or 1.7 percent at 7109.55. About 723 shares have advanced, 1883 shares declined, and 142 shares are unchanged.

• Coal India, SBI, Bajaj Auto, ICICI Bank and Axis Bank were top losers in the Sensex. Motherson Sumi Systems shares tanked 6 percent intraday to hit a 52-week low of Rs 207.10 on Tuesday after promoters created fresh pledge of shares.
• Promoter Samvardhana Motherson International (SMIL), on February 12, created pledge on 62 lakh shares (representing 0.47 percent equity stake of total paid up equity capital) with IDBI Trusteeship Services.
• The auto ancillary company said it is in addition to non-convertible debentures issued by SMIL.

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