The market has lost its early lead and index-Nifty has declined by more than 1 percent. Sensex touched the upper level of 29183.76 in early trading today, the Nifty was able to reach 8849.75. But thanks to profit from the upper levels of the market is now dominated by strongly declining.
Midcap and smallcap stocks have also begun beating. CNX Midcap index is rolled 0.5 percent, while the BSE Smallcap Index has weakened 0.5 percent. All major sectors of the BSE indices are found in red. Capital goods, realty, auto, FMCG and banking stocks are the most beating.
The BSE 30-share index Sensex 300 points with 1 percent fall is trading at 28630. The NSE 50-share index Nifty 81 points, i.e with weakness 1 percent is trading at 8695 levels.
During the Market business Bajaj Auto, JSPL, BHEL, Sun Pharma, Axis Bank and Wipro like giant shares have declined from 2.6 to 1.9 percent. However PNB, ONGC, Coal India, Asian Paints, NTPC and Bharti Airtel shares have gained from 1.3 to 0.4 percent.
Midcap stocks like Responsive Industries, Prism Cement, Jaiprakash Associates, Triveni Turbine and Dhanuka Agritech has broken the most from 9.1 to 3.4 percent. Smallcap stocks Sagar Cement, Signet Industries, Mukand, PFL Infotech and KGN Enterprises are most vulnerable from 9.1 to 5 percent.
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