The BSE Sensex has tumbled sharply and is currently trading at the lowest level of the day - with a drop of 218 points at 27,367 on the back of weakness in oil & gas, realty, IT and bans.
The NSE Nifty has also slipped into red, and is now down 41 points at 8,281.
Among sectors, the BSE Realty index has slipped 1.4 per cent at 1,510.
The Oil & Gas index has dropped a per cent at 9,619.
The IT index has shed 0.5 per cent at 10,894 and the Bankex is also down 0.2 per cent at 21,490.
The market breadth has turned negative - out of 2,892 stocks traded on the BSE so far 1,448 stocks have declined, while 1,349 stocks have advanced. ONGC and Hindustan Unilever are the top Sensex losers - down over 2 per cent each at Rs. 340 and Rs 879, respectively.
Infosys, Hero MotoCorp and ICICI Bank have slipped 1.5 per cent each at Rs. 341, Rs 2,084 and Rs. 2,895, respectively.
Tata Power, Tata Steel, Reliance, Bharti Airtel, TCS and Gail India are the other significant losers.
The NSE Nifty has also slipped into red, and is now down 41 points at 8,281.
Among sectors, the BSE Realty index has slipped 1.4 per cent at 1,510.
The Oil & Gas index has dropped a per cent at 9,619.
The IT index has shed 0.5 per cent at 10,894 and the Bankex is also down 0.2 per cent at 21,490.
The market breadth has turned negative - out of 2,892 stocks traded on the BSE so far 1,448 stocks have declined, while 1,349 stocks have advanced. ONGC and Hindustan Unilever are the top Sensex losers - down over 2 per cent each at Rs. 340 and Rs 879, respectively.
Infosys, Hero MotoCorp and ICICI Bank have slipped 1.5 per cent each at Rs. 341, Rs 2,084 and Rs. 2,895, respectively.
Tata Power, Tata Steel, Reliance, Bharti Airtel, TCS and Gail India are the other significant losers.
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