The market today opens lower after a sharp upward journey yesterday. The selling pressure emerged in the selective scrips mainly led by the Capital Goods, FMCG and IT stocks. However, the Realty and Metal stocks are trading marginally higher in the morning trade. The broader market has outperformed the benchmark index in the opening trade as the Mid Cap and Small Cap has managed to trade higher.
The overall market breadth is negative as 793 stocks are advancing whereas 824 stocks are declining on BSE.
At 10.30AM, the BSE Sensex was down by 176.38 points at 15,580.70 and the Nifty was down by 44.20 points to 4,717.
The BSE Mid Cap increased by 22.10 points to 6,366.82 and the BSE Small Cap advanced by 17.96 points to 7,795.90.
DLF reported the top gainer from the BSE Sensex pack. It is trading with a gain of 1.76% at Rs.628.65 while L&T the top loser declined by 3.19% to Rs.2,633.
BSE Metal index advanced by 17.07 points to trade at 13,828.63. The top gainers are Gujarat NRE inclined by (4.81%) to Rs.169.95, Sterlite Industries increased by (3.07%) at Rs.785.70 followed by JSW Steel up by (0.60%) to Rs.765.05.
BSE Capital Goods index dropped by 168.04 points to trade at 12,587.89. The major losers are L&T, ABB, Praj Industries and Siemens grew by (3.19%), (1.02%), (1.11%) and (0.31%) to Rs.2,633, Rs.1,069, Rs.133.05 and Rs.586.85 respectively.
The overall market breadth is negative as 793 stocks are advancing whereas 824 stocks are declining on BSE.
At 10.30AM, the BSE Sensex was down by 176.38 points at 15,580.70 and the Nifty was down by 44.20 points to 4,717.
The BSE Mid Cap increased by 22.10 points to 6,366.82 and the BSE Small Cap advanced by 17.96 points to 7,795.90.
DLF reported the top gainer from the BSE Sensex pack. It is trading with a gain of 1.76% at Rs.628.65 while L&T the top loser declined by 3.19% to Rs.2,633.
BSE Metal index advanced by 17.07 points to trade at 13,828.63. The top gainers are Gujarat NRE inclined by (4.81%) to Rs.169.95, Sterlite Industries increased by (3.07%) at Rs.785.70 followed by JSW Steel up by (0.60%) to Rs.765.05.
BSE Capital Goods index dropped by 168.04 points to trade at 12,587.89. The major losers are L&T, ABB, Praj Industries and Siemens grew by (3.19%), (1.02%), (1.11%) and (0.31%) to Rs.2,633, Rs.1,069, Rs.133.05 and Rs.586.85 respectively.
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