Equities edge lower amid rising number of COVID-19 cases

New Delhi, Apr 03 (ANI): Equity benchmark indices traded lower during early hours on Friday with investors remaining focused on the possible impact of rising coronavirus infections. At 10:15 am, the BSE S-P Sensex was down by 274 points or 0.97 per cent at 27,991 while the Nifty 50 slipped by 91 points or 1.11 per cent at 8,162. Except for Nifty FMCG and pharma, all sectoral indices at the National Stock Exchange were in the red with Nifty private bank down by 2.9 per cent, metal by 2.8 per cent and auto by 2.5 per cent. Among stocks, private sector lender IndusInd Bank dropped by 5.5 per cent to Rs 323.25 per share. Kotak Mahindra Bank and ICICI Bank too dipped by 4.9 per cent and 3.9 per cent respectively.