The first day of the week strong decline is being seen in the stock market. Sensex and Nifty is trading with weakness of 1 percent. Nifty has come close to 8550, the Sensex fell 325 points. Sensex and Nifty are trading at lower levels of 3 weeks.
Midcap and smallcap stocks are also seeing selling. BSE Midcap and Smallcap index was seen around 1 percent weak. All major indices of the BSE are in the red, but the auto, capital goods, realty, banking, power and metal stocks were selling to the highest.
The BSE 30-share index Sensex 334 points with 1.2 percent weakness is trading at 28384. While the 50-share NSE Nifty index 95 points with 1.1 percent fall is trading at 8566.5.
During market trading GAIL, DLF, Tata Steel, Bharti Airtel, Zee Entertainment, Tata Power and M&M like giants declined from 4.5 to 2.5 percent. However, Sun Pharma, Asian Paints, Cairn India, Bajaj Auto, Jindal Steel, Hindalco, ONGC and Axis Bank like legendary shares rose from 1.6 to 0.2 percent.
In Midcap stocks Apollo Tyres, J & K Bank, Berger Paints, Birla Corp and Risa International has broken the most from 16 to 4.9 percent. Smallcap stocks Sam Lisako, Gujarat Ambuja Exports, Techno Electric, National Piroks and Ahmednagar Forgings have most crashed from 18.9 to 6 percent.
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