The strong effect of the decline in world markets is being reflected in the domestic markets. Sensex and Nifty have declined by 1.5 percent. In early trade Sensex broken 500 points, and the Nifty was down to 8230.
All the sectoral indices on the BSE are seen in the red. But in capital goods, realty and auto stocks the most selling is seen. Midcap and smallcap stocks were also beaten.
The BSE 30-share index Sensex 405 points fell 1.5 percent is trading at 27437. While the 50-share NSE leading index Nifty 117.5 points, i.e decline 1.4 percent is trading at 8261 levels.
During the market Tata Motors, Sesa Sterlite, Cairn India, Ambuja Cements, ONGC, Tata Power and Infosys like giants weakened by 3.1 to 2 percent in equities.
In midcap stocks Tilak Finance, Relaxo Footwear, Indiabulls Real Estate, JP Infra and Symphony are broken most by 10 to 3.5 percent. Smallcap stocks Spice Mobility, Modern Industries, KSL, Diamond Power and Mischa Finance most have rolled from 8.1 to 4.8 percent.
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