Indices slip into red

Some buying activity is seen in banking, IT, healthcare and teck sectors on BSE, while sectors such as capital goods, auto, metal and FMCG are losing sheen.

At 1:16PM, BSE Sensex is trading down 93 points at 25,490, while S&P Nifty is trading down 34 points at 7,622. BSE Mid-cap is down 0.44% at 9,211, while BSE Small-cap is down 0.03% at 10,014. Some buying activity is seen in banking, IT, healthcare and teck sectors on BSE, while sectors such as capital goods, auto, metal and FMCG are losing sheen. Infosys, TCS, Cipla, SBI, Gail India and Dr Reddy's Lab are among the gainers, whereasNTPC, Tata Power, BHEL, Hindalco, SSLT and HUL are losing sheen on BSE. India's trade deficit data rose 11.3% to $11.23 billion in the month of May from $10.09 in April 2014, according to the government data. The trade exports increased to 11.3% to $28 billion in May from $23.63 billion in April, while imports also reported a rise of 9.8% to $39.2 billion from $37.7 billion, the data added. According to the trade secretary, April trade deficit has widen on a MoM basis and May trade deficit is in line with estimates. Stock news: Coal India has decided to amend the object clause of its memorandum of association (MoA) for foraying into the business of producing fertilisers and chemicals using coal gas. CIL is trading down 1.74% on BSE. Future Retail today said that its Board of Directors of the company has approved to raiseRs. 200 crore to reduce debt. At least 75% of the funds will be used for reducing debt. The scrip is trading down 2.85% on BSE.