Market Report: Markets trade in red. Sensex above 47,900
Indian indices began the session on a weak note on April 23, tracking mixed global market and a continuous spike in coronavirus cases and stricter restrictions fuelled worries of more economic pain. At 9.24 am, Sensex fell by 0.21% or 138 points to 47,935. The Nifty slipped by 0.32% or 35 points to 14,371.
The losses in the market were mainly led by banking and IT stocks.
Asia-Pacific was mixed on April 23, following an overnight drop on Wall Street.
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