Due to poor global cues the stock market was found to decline, but is currently trading flat. However, the Midcap and Smallcap stocks are beating. The BSE smallcap index fell more than 1 percent, while midcap index 0.5 percent decline.
Selling dominates in Auto, Pharma, Capital Goods, Oil & Gas and Power. BSE Auto Index fell 2.5 percent. However, the trend of shopping in IT and FMCG stocks.
The BSE 30-share index Sensex with weakness of 15 points is trading at 28836. While the 50-share index NSE Nifty 11 points with weakness of 0.3 percent is trading at 8700 levels.
During the market, Tata Motors, GAIL, BPCL, Sun Pharma, Jindal Steel, BHEL and Hero Moto like giants fell 5.4-2.1 percent. However, Cairn India, HDFC, Cipla, PNB, Infosys, Sesa Sterlite and TCS like giant shares surged 3.4-1.2 percent.
In Midcap shares Godfrey Phillips, PTC India, Sundaram Clayton, Bombay rayon and Prism Cement broken largest from 9.6 to 5.4 percent. Smallcap shares like Sam lisaiko, caplin labs, Vaskon Engineers, Merck, and Bliss GVS are rolled most from 19.5 to 6.7 percent.
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