Nifty down; profit booking at 7,700

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

At 11:59AM, BSE Sensex is trading down 38 points at 25,546, while S&P Nifty is trading down 10 points at 7,646. Nifty had hits a hit of 7,700. BSE Mid-cap is up 1.3% at 9,213, while BSE Small-cap is up 0.53% at 10,070. Some buying activity is seen in banking, IT and healthcare sectors on BSE, while sectors such as capital goods, auto, metal and FMCG are losing sheen. Infosys, Cipla, SBI, TCS and Wipro are among the gainers, whereas SSLT, NTPC, HUL, Tata Power, BHEL and Hindalco are losing sheen on BSE. 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 1.07% 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 2.41% on BSE.