The benchmark indices turned red after Asian markets nose dived, as Chinese financial hub senses about 24 mis-selling of the investment products. However, markets ignored the green signal from the European market and continued to loose confidence. This clearly shows that the sentiments of anticipated deep economic slowdown worldwide will remain for a longer period. The down trend was led by shares of Capital Goods, Bankex, Metal and Realty. The Teck, Power, Oil & Gas and IT stocks are also in negative territory.
The European markets opened positive as the FTSE 100 and DAX Index are up by over 3.01% and 2.60% respectively.
The BSE Sensex is now trading below the 10200 mark and the NSE Nifty below the 3150 mark.
The BSE Mid Cap and the BSE Small Cap also plunged and are trading with a loss of than 1.7% and 1.4% respectively.
The overall market breadth is negative as 878 stocks are advancing while 1602 stocks are declining in BSE.
Sterlite Industries reported as the top loser from the BSE Sensex pack. It is trading lower by (9.24%) at Rs.271.00 followed by Reliance communication Ltd down by (8.50%) at Rs.236.9.
At 2.30 PM BSE Sensex is at 10163 down by 417 points and Nifty is at 3132 down by 137 points.
The BSE Mid Cap is lower by 68 points at 3588.18 and BSE Small Cap is losing by 67 points to 4218.47.
The BSE Capital Goods index is the one of the top loser today trading with a loss of 266.34 points at 7398.46. The main losers are Siemens Ltd down by (7.96%) at Rs.273.55, Punj Loyd decreased by (7.65%) at Rs.171.95 followed by Suzlon Energy by (7.32%) to Rs.86.75 and Usha Martin down by (6.96%) at Rs34.75.
The most active shares on NSE are Reliance Ind trading at Rs.1337.7 with a total traded quantity of 5075152 shares followed by ICICI Bank trading at Rs.385.5 with a total traded quantity of 12867560 shares.
The European markets opened positive as the FTSE 100 and DAX Index are up by over 3.01% and 2.60% respectively.
The BSE Sensex is now trading below the 10200 mark and the NSE Nifty below the 3150 mark.
The BSE Mid Cap and the BSE Small Cap also plunged and are trading with a loss of than 1.7% and 1.4% respectively.
The overall market breadth is negative as 878 stocks are advancing while 1602 stocks are declining in BSE.
Sterlite Industries reported as the top loser from the BSE Sensex pack. It is trading lower by (9.24%) at Rs.271.00 followed by Reliance communication Ltd down by (8.50%) at Rs.236.9.
At 2.30 PM BSE Sensex is at 10163 down by 417 points and Nifty is at 3132 down by 137 points.
The BSE Mid Cap is lower by 68 points at 3588.18 and BSE Small Cap is losing by 67 points to 4218.47.
The BSE Capital Goods index is the one of the top loser today trading with a loss of 266.34 points at 7398.46. The main losers are Siemens Ltd down by (7.96%) at Rs.273.55, Punj Loyd decreased by (7.65%) at Rs.171.95 followed by Suzlon Energy by (7.32%) to Rs.86.75 and Usha Martin down by (6.96%) at Rs34.75.
The most active shares on NSE are Reliance Ind trading at Rs.1337.7 with a total traded quantity of 5075152 shares followed by ICICI Bank trading at Rs.385.5 with a total traded quantity of 12867560 shares.
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