Equity benchmark indices closed lower on Friday due to underperformance by banking and financial stocks as the Reserve Bank of India forecast contraction in H1 FY21 GDP growth.
Equity benchmark indices traded in the negative territory during early hours on Monday as the country extended nationwide lockdown till month-end to curb the spread of coronavirus pandemic.
Equity benchmark indices recovered from an intraday low point on Tuesday but remained in the negative zone ahead of Prime Minister Narendra Modi's address the nation later in the evening.
Equity benchmark indices were in the green during early hours on Monday after they witnessed a sharp downswing on February 01, the day government tabled Union Budget 2020.
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