The market extended losses in late noon deals on the back of a fresh round of selling across all sectors.
At 2:57 PM, the S&P BSE Sensex is trading at 29,307 down 13 points, while NSE Nifty is trading at 8,849 down 20 points.
Similarly, the NSE Nifty has dropped 109 points from the day's high to touch a low at 8,794. Now, the 50-scrip index is at 8,827 - down 41 points.
The broader market is also trading in line with the benchmark indices. The CNX Smallcap index has slipped nearly a per cent at 5,611. The CNX Midcap index has moved down 0.7 per cent at 13,079. The Nifty Junior has cracked over a per cent at 19,439.
The volatility index - India VIX has added 0.3 per cent at 20.9650.
Sectorwise, the CNX Metal index is the star performer - up 1.8 per cent, led by Jindal Steel & Power. The stock has zoomed over 20 per cent at 187 on media reports the company won the Gare Palma IV/2 &3 coal blocks for Rs. 108 per tonne in the e-auctions for coal blocks.
The CNX IT index has added over 0.5 per cent.
On the other hand, the CNX PSU Bank index has tumbled 2.6 per cent. The Bank Nifty has dropped over 501 points from the day's high.
The CNX FMCG index has cracked 1.8 per cent. The CNX Energy index has slipped over a per cent.
The CNX Realty, the CNX Pharma and the CNX Auto indices have moved down over 0.5 per cent each.
Other metal stocks like Hindustan Copper has soared 8 per cent at Rs. 76.80 on heavy volume. The NSE counter has seen almost 14-times jump in volumes of 3 million shares, as against two- week daily average volume of 212,000 shares.
Jindal Saw has rallied 6.5 per cent at Rs. 82.30. The Orissa Minerals Development company has surged 6 per cent at Rs. 3,230.
JSW Steel, Bhushan Steel, Tata Steel, Sesa Sterlite and Hindalco are some of the prominent gainers.
The market breadth is negative in the noon deals. Out of 1,696 stocks have traded on the NSE - 894 stocks have declined, while 566 stocks have advanced
At 2:57 PM, the S&P BSE Sensex is trading at 29,307 down 13 points, while NSE Nifty is trading at 8,849 down 20 points.
Similarly, the NSE Nifty has dropped 109 points from the day's high to touch a low at 8,794. Now, the 50-scrip index is at 8,827 - down 41 points.
The broader market is also trading in line with the benchmark indices. The CNX Smallcap index has slipped nearly a per cent at 5,611. The CNX Midcap index has moved down 0.7 per cent at 13,079. The Nifty Junior has cracked over a per cent at 19,439.
The volatility index - India VIX has added 0.3 per cent at 20.9650.
Sectorwise, the CNX Metal index is the star performer - up 1.8 per cent, led by Jindal Steel & Power. The stock has zoomed over 20 per cent at 187 on media reports the company won the Gare Palma IV/2 &3 coal blocks for Rs. 108 per tonne in the e-auctions for coal blocks.
The CNX IT index has added over 0.5 per cent.
On the other hand, the CNX PSU Bank index has tumbled 2.6 per cent. The Bank Nifty has dropped over 501 points from the day's high.
The CNX FMCG index has cracked 1.8 per cent. The CNX Energy index has slipped over a per cent.
The CNX Realty, the CNX Pharma and the CNX Auto indices have moved down over 0.5 per cent each.
Other metal stocks like Hindustan Copper has soared 8 per cent at Rs. 76.80 on heavy volume. The NSE counter has seen almost 14-times jump in volumes of 3 million shares, as against two- week daily average volume of 212,000 shares.
Jindal Saw has rallied 6.5 per cent at Rs. 82.30. The Orissa Minerals Development company has surged 6 per cent at Rs. 3,230.
JSW Steel, Bhushan Steel, Tata Steel, Sesa Sterlite and Hindalco are some of the prominent gainers.
The market breadth is negative in the noon deals. Out of 1,696 stocks have traded on the NSE - 894 stocks have declined, while 566 stocks have advanced
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