Sensex and Nifty is trading with weakness of 0.9 percent. Auto, capital goods, oil & gas and power stocks were witnessing selling pressure on the market. The midcap and smallcap stocks move is too dull.
The BSE 30-share index Sensex 248 points fall 0.9 percent is trading at 27582. While the 50-share NSE index Nifty 73 points with 0.9 percent weakness trading at 8283.
During market trading Gail, Tata Motors, ONGC, Jindal Steel, Cairn India, L&T and Dr Reddy like heavyweight stocks most decline from 2.6 to 1.7 percent. However, Tech Mahindra, HDFC, Sun Pharma, Bharti Airtel and Asian Paints like legendary shares has gained 0.5 to 0.3 percent.
In mid-cap stocks Havells India, Schneider Electric, Pipavav Defence, Persistent and Redington India are broken most from 5.5 to 3.9 percent. Smallcap stocks like Opto Circuits, Diamond Power, Infinite computer, Ashoka Buildcon and Matra Koshal most broken from 4.75 to 3.6 percent.
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