At 13:18 hours IST - the 30-share BSE Sensex was trading marginally lower amid volatility while the Nifty was trying to hold 5250 level. Weak global cues also weighed on the markets; European markets were down 0.25% each and Asian markets declined 0.5-1.5% on profit booking.
At 13:18 hours IST - the 30-share BSE Sensex was trading marginally lower amid volatility while the Nifty was trying to hold 5250 level. Weak global cues also weighed on the markets; European markets were down 0.25% each and Asian markets declined 0.5-1.5% on profit booking.
Shares oil & gas, metal, technology, realty, telecom, auto (barring Tata Motors), capital goods and power companies were witnessing selling pressure, which kept the markets in negative terrain. SBI, HDFC, Kotak Mahindra Bank and PNB were other losers in trade.
However, ITC, ICICI Bank, Cairn, Sun Pharma, GAIL, Tata Motors, ABB, Axis Bank, HUL, Siemens and HDFC Bank were the only gainers.
The Sensex was trading at 17565, down 73 points and the Nifty was at 5251, down 22 points.
Today's new listing - Goenka Diamond was trading at Rs 120.65, down 10.63% from its issue price of Rs 135 per share.
The market breadth was in favour of declines; about 1180 shares advanced while 1689 shares declined on the BSE. Nearly 374 shares were unchanged.
In the midcap space, Godrej Consumer, Thomas Cook, Blue Dart, Cox & Kings and Financial Tech went up 4-6.4% while Max India, Jubilant Foodworks, Bajaj Finserv, Praj Industries and Bombay Dyeing fell 3-7%.
In the smallcap space, Sujana Towers, Orbit Corporation, Nagarjuna Agric, KNR Construction and Orient Abrasive gained 6-12% while Religare Tech, Paper Products, Lloyds Metals, Jayaswal Neco and Ferro Alloys lost 5-8%.
Steel Strip Wheels surged 5.5%, as it has received order for 4,000 tractor wheel rims from Turkey.
