Markets move deeper into red despite Asian markets trading mixed. The G-20 summit on Saturday and Sunday failed to come out with some concrete measures to steer the world out of the current slump. Indices across the sector are witnessing a selling pressure with Bankex, Capital Goods, Oil & Gas, Metal and Realty trading in red. The market breath is favoring decline, as 1643 stocks are trading in red and about 404 stocks in green on the broader BSE.
At 11.42 AM, the BSE Sensex lost 331 points at 9054 whereas NSE Nifty down by 85 points at 2724. The BSE Mid Cap and BSE Small Cap are losing by 97 points and 100 points at 3118 and 3664 respectively.
Losers from the NSE Nifty Pack are Unitech Ltd down by (11.80%) at Rs.40.35 along with Sterlite International by (8.05%) at Rs.208.95, Zee entertainment by (7.98%) at Rs.101.5, NALCO by (7.10%) at Rs.163.65 and HDFC bank by (7.08%) at Rs.937.50.
Losers from the BSE Sensex Pack are Sterlite Ind down by (7.42%) at Rs.210.35 along with HDFC bank by (7.23%) at Rs.938.50, ICICI Bank by (5.92%) at Rs.372.5, Hindalco Ind by (5.21%) at Rs.53.65, and Satyam comp by (4.64%) at Rs.249.50.
BSE Reality index is trading lower by 6.41% or 128.95 points at 1,882.58. The top losers in the index are Unitech Ltd decreased by (11.37%) to Rs.40.55, Ansal Infra down by (7.67%) to Rs.38.50, Mahindra Life by (6.83%) to Rs.161.75 followed by Parsvnath by (6.79%) at Rs.40.50 and Indiabull Real by (6.76%) to Rs.102.
BSE Bank index is losing by 5.69% or 293.12 points at 4,862.64. The major losers are Axis Bank trading down by (9.08%) at Rs.449.9, HDFC Bank by (7.59%) at Rs.934.8, ICICI Bank by (6.87%) at Rs.368.75, Canara Bank by (6.81%) to Rs.175.95, followed by Kotak Bank by (6.72%) to Rs.353.
At 11.42 AM, the BSE Sensex lost 331 points at 9054 whereas NSE Nifty down by 85 points at 2724. The BSE Mid Cap and BSE Small Cap are losing by 97 points and 100 points at 3118 and 3664 respectively.
Losers from the NSE Nifty Pack are Unitech Ltd down by (11.80%) at Rs.40.35 along with Sterlite International by (8.05%) at Rs.208.95, Zee entertainment by (7.98%) at Rs.101.5, NALCO by (7.10%) at Rs.163.65 and HDFC bank by (7.08%) at Rs.937.50.
Losers from the BSE Sensex Pack are Sterlite Ind down by (7.42%) at Rs.210.35 along with HDFC bank by (7.23%) at Rs.938.50, ICICI Bank by (5.92%) at Rs.372.5, Hindalco Ind by (5.21%) at Rs.53.65, and Satyam comp by (4.64%) at Rs.249.50.
BSE Reality index is trading lower by 6.41% or 128.95 points at 1,882.58. The top losers in the index are Unitech Ltd decreased by (11.37%) to Rs.40.55, Ansal Infra down by (7.67%) to Rs.38.50, Mahindra Life by (6.83%) to Rs.161.75 followed by Parsvnath by (6.79%) at Rs.40.50 and Indiabull Real by (6.76%) to Rs.102.
BSE Bank index is losing by 5.69% or 293.12 points at 4,862.64. The major losers are Axis Bank trading down by (9.08%) at Rs.449.9, HDFC Bank by (7.59%) at Rs.934.8, ICICI Bank by (6.87%) at Rs.368.75, Canara Bank by (6.81%) to Rs.175.95, followed by Kotak Bank by (6.72%) to Rs.353.
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