The market has lost further ground to trade in the deep negative territory on account of havy selling witnessed across the board. All the BSE indices are trading in red while the IT index is trading in between the positive and negative note. The Capital Goods, Meal and Realty stocks are the worstly hitted stocks of the day.
The overall market breadth is extremely negative as 500 stocks are advancing while 2019 stocks are declining and 46 stocks remained unchanged on BSE.
At 12.30 pm, BSE Sensex was at 17,414.05 down by 584.34 points and Nifty was at 5,138.85 down by 212.15 points. The Mid cap is lower by 211.36 points at 7,214.88 and the small Cap dropped by 253.22 points to trade at 8,825.53.
BSE IT index up marginally by 0.20 points to trade at 4,676.47 as Patni Computers (2.22%) and Infosys (1.14%) are trading higher whereas Tech Mahindra (3.45%), Wipro (2.91%) and TCS (2.76%) are trading lower.
BSE Capital goods index slipped 610.74 points to 15,529.75. The main losers are BHEL (7.31%), Suzlon Energy (4.92%), ABB (4.86%), L&T (3.78%) and Siemens (3.52%).
BSE Metal index dropped 428.35 points to trade at 14,601.47. The major losers are SAIL (3.45%), NALCO (2.45%), Tata Steel (2.28%), Hindalco Industries (1.08%) and Sterlite Industries (1.01%).
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