After opening of a buoyant note, the benchmark indices lost the momentum and slipped into red. The front line stocks have witnessed heavy sell-off amid concern over weak monsoon and spread of the dreaded swine flu in the country. On a stock specific move, Himalaya International is trading higher by over 2.4% after Gujarat government has cleared land transfer to the company for its mega food project. The Rs 130 crore facility shall make value added products for domestic and export markets. During the last hours’ trading session, selling pressure emerged across Auto, FMCG and Banking stocks while moderate buying interest seen across IT, Healthcare (HC) and TECk counters. Among the BSE sectoral indices, Auto, FMCG and Bankex dipped by 3.04%, 2.04% and 0.94% while IT and HC surged by 1.85% and 1.16% respectively. Overall market breadth is negative as out of total 2,228 stocks traded in BSE 1,372 stocks declined, 782 advanced and nearly 74 unchanged.
At 11.30 AM, the BSE Sensex down by 130.13 points at 15,030 while NSE Nifty declined by 43.04 points at 4,438.35. Besides, the BSE Mid Cap and Small Cap are trading lower by 57.81 points and 94.76 points at 5,375.44 and 6,099 respectively.
Losers from the BSE Sensex Pack are Mahindra and Mahindra Ltd down by (6.52%) to Rs. 779.80, along with Hero Honda Motors by (4.88%) to Rs. 1,409, Maruti Suzuki by (4.59%) to Rs. 1,232, Tata Motors by (3.79%) at Rs. 398.80, Hindustan Unilever by (3.52%) at Rs. 260.35 and Bharti Airtel by (3.44%) at Rs. 370.60.
Losers from the NSE Nifty Pack are Mahindra and Mahindra Ltd decreased by (6.93%) at Rs. 777.55 along with Hero Honda Motors by (4.99%) at Rs. 1,405.5, Maruti Suzuki by (4.93%) at Rs. 1,229.6, Bharti Airel by (4.04%) at Rs. 368.4, Hindustan Unilever by (3.69%) at Rs. 259.65 and ACC Ltd by (3.42%) at Rs. 839.8.
BSE Auto is trading lower by (3.04%) or 165.70 points at 5,291.39. The top losers are Mahindra and Mahindra declined by (6.52%) at Rs. 779.8 along with Hero Honda Motors by (4.88%) at Rs. 1,409, Maruti Suzuki Ltd by (4.59%) to Rs. 1,232, Escorts Ltd by (3.86%) at Rs. 67.30 followed by Tata Motors by (3.79%) at Rs. 398.80.
BSE FMCG is trading lower by (2.04%) or 52 points at 2,502.52 The top losers in the index are Colgate Palm dipped by (5%) to Rs. 600 along with Dabur india by (4.37%) to Rs. 126.90, Hindustan Unilever by (3.46%) to Rs. 260.5, ITC Ltd by (2.32%) to Rs. 224.8 followed by Godrej cons by (2.27%) to Rs. 213.05.
At 11.30 AM, the BSE Sensex down by 130.13 points at 15,030 while NSE Nifty declined by 43.04 points at 4,438.35. Besides, the BSE Mid Cap and Small Cap are trading lower by 57.81 points and 94.76 points at 5,375.44 and 6,099 respectively.
Losers from the BSE Sensex Pack are Mahindra and Mahindra Ltd down by (6.52%) to Rs. 779.80, along with Hero Honda Motors by (4.88%) to Rs. 1,409, Maruti Suzuki by (4.59%) to Rs. 1,232, Tata Motors by (3.79%) at Rs. 398.80, Hindustan Unilever by (3.52%) at Rs. 260.35 and Bharti Airtel by (3.44%) at Rs. 370.60.
Losers from the NSE Nifty Pack are Mahindra and Mahindra Ltd decreased by (6.93%) at Rs. 777.55 along with Hero Honda Motors by (4.99%) at Rs. 1,405.5, Maruti Suzuki by (4.93%) at Rs. 1,229.6, Bharti Airel by (4.04%) at Rs. 368.4, Hindustan Unilever by (3.69%) at Rs. 259.65 and ACC Ltd by (3.42%) at Rs. 839.8.
BSE Auto is trading lower by (3.04%) or 165.70 points at 5,291.39. The top losers are Mahindra and Mahindra declined by (6.52%) at Rs. 779.8 along with Hero Honda Motors by (4.88%) at Rs. 1,409, Maruti Suzuki Ltd by (4.59%) to Rs. 1,232, Escorts Ltd by (3.86%) at Rs. 67.30 followed by Tata Motors by (3.79%) at Rs. 398.80.
BSE FMCG is trading lower by (2.04%) or 52 points at 2,502.52 The top losers in the index are Colgate Palm dipped by (5%) to Rs. 600 along with Dabur india by (4.37%) to Rs. 126.90, Hindustan Unilever by (3.46%) to Rs. 260.5, ITC Ltd by (2.32%) to Rs. 224.8 followed by Godrej cons by (2.27%) to Rs. 213.05.
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