The BSE Sensex has now plunged 365 points; Breadth too remains negative.
The market continues to trade on a gloomy note in the noon deals dragged down by losses in banking, realty, IT and energy shares.
At 12:32 hrs, the Sensex is down 365 points at 29,084. The NSE Nifty has so far managed to sustain above the 8,800-level, and is now down 118 points at 8,820
The broader market has extended its losses. The CNX Midcap and the CNX Smallcap indices have dropped 0.5 per cent each at 13,277 and 5,805, respectively. The Nifty Junior has shed 0.3 per cent at 19,920.
Sectorwise, the Bank Nifty has slipped over 2 per cent. The CNX Infra and the CNX IT indices have tumbled nearly 2 per cent each. The CNX Energy and the CNX Realty indices have shed over a per cent each.
The CNX Pharma index, however, continues to trade in green zone - up 0.2 per cent.
Out of 50-Nifty stocks, only seven stocks are trading in green zone. Jindal Steel is the top Nifty gainer - up 7 per cent at Rs. 198 on winning Tara block in Chhattisgarh.
Hindustan Unilever has jumped over 2 per cent at Rs. 960. Lupin has added 1.4 per cent at Rs. 1,865.
Bajaj Auto, Dr Reddy's and Coal India have spurted around a per cent each, while Reliance Industries is trading on a flat note.
On the other hand, Sesa Sterlite is the top Nifty loser - down 4.1 per cent at Rs. 201. Gail India, UltraTech Cement and NTPC have tumbled over 3 per cent each at Rs. 389, Rs. 3,083 and Rs. 153, respectively.
Hindalco, Axis Bank, ICICI Bank and Tata Power are among the major losers.
The market breadth is negative in the noon deals. Out of 1,703 stocks have traded on the NSE - 916 stocks have declined, while 536 stocks have advanced.
The market continues to trade on a gloomy note in the noon deals dragged down by losses in banking, realty, IT and energy shares.At 12:32 hrs, the Sensex is down 365 points at 29,084. The NSE Nifty has so far managed to sustain above the 8,800-level, and is now down 118 points at 8,820
The broader market has extended its losses. The CNX Midcap and the CNX Smallcap indices have dropped 0.5 per cent each at 13,277 and 5,805, respectively. The Nifty Junior has shed 0.3 per cent at 19,920.
Sectorwise, the Bank Nifty has slipped over 2 per cent. The CNX Infra and the CNX IT indices have tumbled nearly 2 per cent each. The CNX Energy and the CNX Realty indices have shed over a per cent each.
The CNX Pharma index, however, continues to trade in green zone - up 0.2 per cent.
Out of 50-Nifty stocks, only seven stocks are trading in green zone. Jindal Steel is the top Nifty gainer - up 7 per cent at Rs. 198 on winning Tara block in Chhattisgarh.
Hindustan Unilever has jumped over 2 per cent at Rs. 960. Lupin has added 1.4 per cent at Rs. 1,865.
Bajaj Auto, Dr Reddy's and Coal India have spurted around a per cent each, while Reliance Industries is trading on a flat note.
On the other hand, Sesa Sterlite is the top Nifty loser - down 4.1 per cent at Rs. 201. Gail India, UltraTech Cement and NTPC have tumbled over 3 per cent each at Rs. 389, Rs. 3,083 and Rs. 153, respectively.
Hindalco, Axis Bank, ICICI Bank and Tata Power are among the major losers.
The market breadth is negative in the noon deals. Out of 1,703 stocks have traded on the NSE - 916 stocks have declined, while 536 stocks have advanced.
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