The market has become a victim of profit. Profit in the market dominates the upper levels. Sensex has come down to 28300, the Nifty is trading below 8450. Around 1 percent decline in the Sensex and Nifty are seeing.
Midcap and smallcap stocks also declined strongly. In BSE Midcap Index 2 percent, nearly 3 percent in the SmallCap Index is looking weak. The index of the BSE are found in red. Realty, FMCG, metal and power stocks are the worst. Realty index increased about 3.5 percent, while FMCG index fall 2.25 percent.
The BSE 30-share index Sensex 235 points i.e declined 0.8 percent is trading at 28264. The NSE 50 share index Nifty 93 points i.e decline 1.1 percent is trading at 8437 levels.
During the market DLF, ITC, NMDC, JSPL, Tata Steel, ICICI Bank, L&T and Axis Bank like giants fell most from 4.6 to 2.1 percent. However Zee Entertainment, BHEL, HDFC, Bharti Airtel, HDFC Bank and HUL like heavyweight stocks gained from 2.5 to 0.6 percent.
Midcap stocks, India Cements, Godfrey Phillips, Network 18, HCC and Anant Raj most have fallen from 9.4 to 7.3 percent. Smallcap stocks like infrastructure, SE Investments, Shri Global, Seshasyi paper and Moryo most broken from 13.6 to 10.2 percent.
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