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Markets tend to trade lower on Thursday’s intra-day trade. Benchmark indices are continuing their slip in trade. Nifty is maintaining its downtrend slipping over 48 points. BSE Sensex is also indicating a negative undertone floating in the market.There are 376 advances, 1,322 declines and 72 unchanged stocks in the BSE Sensex indicating a bearish sentiment across the market.Nifty Bank index is also losing in trade slipping over 181 points at 24,193 levels.
BSE Industrials is the top losing index in the morning session on Thursday. It is down by 2% at 3,357 level. Tata Motors is contributing majorly to the index losses and dragging it to lower levels.Tata Motors is trading lower by 5.54% at Rs 393.65 per share on BSE. The stock has traded on a new 52-week low of Rs 391.25 per share.The S&P BSE Sensex is trading at 32,657 down 139 points, while Nifty is trading at 9,863 down 48 points. A total of 7 stocks registered a fresh 52-week high in trade today, while 76 stocks touched a new 52-week low on the NSE.The BSE Mid-cap Index is trading down 0.16% at 15,211 while BSE Small-cap Index is trading up 0.54% at 16,078.
Some buying activity is seen in IT, Teck and Healthcare indices, while Auto, Bankex and Capital Goods indices are showing weakness on BSE.Aurobindo Pharma, Tech Mahindra and Lupin are among the gainers while Tata Motors DVR, Tata Motors and BPCL are losing on the NSE.The INDIA VIX is up 2.63% at 13.8.
Markets tend to trade lower on Thursday’s intra-day trade. Benchmark indices are continuing their slip in trade. Nifty is maintaining its downtrend slipping over 48 points. BSE Sensex is also indicating a negative undertone floating in the market.There are 376 advances, 1,322 declines and 72 unchanged stocks in the BSE Sensex indicating a bearish sentiment across the market.Nifty Bank index is also losing in trade slipping over 181 points at 24,193 levels.
BSE Industrials is the top losing index in the morning session on Thursday. It is down by 2% at 3,357 level. Tata Motors is contributing majorly to the index losses and dragging it to lower levels.Tata Motors is trading lower by 5.54% at Rs 393.65 per share on BSE. The stock has traded on a new 52-week low of Rs 391.25 per share.The S&P BSE Sensex is trading at 32,657 down 139 points, while Nifty is trading at 9,863 down 48 points. A total of 7 stocks registered a fresh 52-week high in trade today, while 76 stocks touched a new 52-week low on the NSE.The BSE Mid-cap Index is trading down 0.16% at 15,211 while BSE Small-cap Index is trading up 0.54% at 16,078.
Some buying activity is seen in IT, Teck and Healthcare indices, while Auto, Bankex and Capital Goods indices are showing weakness on BSE.Aurobindo Pharma, Tech Mahindra and Lupin are among the gainers while Tata Motors DVR, Tata Motors and BPCL are losing on the NSE.The INDIA VIX is up 2.63% at 13.8.
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