L&T drags Indian bluechips at open, volatility index climbs
![](https://portfolio.investmentguruindia.com/uploads/news/Larsen & Toubro.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Indian shares edged lower on Thursday, dragged by losses in construction major Larsen and Toubro (L&T) after a downbeat fiscal 2025 revenue growth outlook, while elevated volatility fuelled investor pessimism.
The blue-chip NSE Nifty 50 fell 0.2% to 22,264 while S&P BSE Sensex shed 0.2% to 73,311 as of 9:23 a.m IST.
L&T, among top Nifty heavyweights, dropped as much as 5.6% in early trade and was on track to be the top percentage loser on the benchmark after it forecast a subdued revenue growth outlook.
Meanwhile, India's volatility index rose 2.6% to 17.51, setting the stage to gain for an eleventh straight session, as uncertainty around the results of national elections led to relentless foreign selling, keeping investors jittery.
![](https://portfolio.investmentguruindia.com/uploads/news/insurance 123.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Wipro.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/2b1715f7e03b51b0ac9c014eb224fc1f.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/gdp22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Dollar retures 2.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/health22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Arvind Kapil, MD and CEO, Poonawalla Fincorp.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/stock8.jpg)