Sensex declines by 443 pts on heavy selling in HDFC Bank, Axis Bank
Mumbai, Jul 20 (PTI) Benchmark indices Sensex and Nifty closed lower on Monday, dragged down by heavy selling in blue-chip bank stocks HDFC Bank and Axis Bank amid margin-related concerns and a flare-up in US-Iran tensions. The 30-share BSE Sensex declined 442.93 points, or 0.57 per cent, to settle at 77,708.52. During the day, it tanked 783.16 points, or 1 per cent, to 77,368.29. The 50-share NSE Nifty edged lower by 95.80 points, or 0.39 per cent, to end at 24,238.50. Among Sensex shares, Axis Bank was the biggest loser, dropping by 5.48 per cent after its quarterly results over