The effect of poor global cues is being witnessed on the domestic markets. Sensex and Nifty has weakened 0.25 percent. Due to selling in Banking and metal stocks there is pressure on the market. But Pharma, realty, power, oil & gas, auto and IT stocks are in buying trends. The midcap and smallcap stocks also has minor shopping.
The BSE 30-share index Sensex 60 points declined by 0.25 percent is trading at 29123. While the 50-share leading index NSE Nifty decline 10 points, i.e 0.1 percent is trading at 8799 levels.
During the market Asian Paints, Dr Reddy's, Coal India, Bank of Baroda, ICICI Bank, HDFC Bank and HDFC like heavyweight stocks fell from 2.3 to 0.7 percent. However Tech Mahindra, Sun Pharma, HCL Tech, DLF, Cairn India, GAIL, Bajaj Auto, Sesa Sterlite and Wipro like giants gained from 3.25 percent to 1.25 percent.
In midcap stocks Hatsun Agro, Relaxo Footwear, Rajesh Exports, Jet Airways and DCS Shriram most gained from 8.9 to 4.4 percent. Smallcap stocks like Visagar Polytex, Shriram Urban, Zodiac Clothing, Aarti Drugs and Geojit BNP are the most robust from 15.8 to 6.3 percent.
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