The broader market is under-performing the BSE benchmark index, the Midcap index is down 0.2 percent at 10,389 and the Smallcap index has moved down 0.4 percent at 10,918.
The key benchmark BSE Sensex and NSE Nifty indices continue to trade on a feeble note, as traders square-off their positions on the last day of April series expiry.
The BSE headline index has tumbled below 27,000 for the first time since 7 January, 2015. The BSE index registered an intra-day low of 26,987 and is now down 239 points at 26,978.
The NSE Nifty also slipped below 8,200-mark and dropped to a low of 8,147. The Nifty-50 index is now quoted at 8,174 - down 66 points.
The broader market is under-performing the BSE benchmark index, the Midcap index is down 0.2 percent at 10,389 and the Smallcap index has moved down 0.4 percent at 10,918.
Among sectors, the BSE Metal and IT indices are the major losers, down 1.4 percent each at 9,815 and 10,354, respectively. The FMCG, Capital Goods, Auto and Power indices are the other notable losers.
On the other hand, the Consumer Durables index has gained nearly a percent at 10,465. The Oil & Gas and Bankex indices are marginally up.
The breadth is negative in morning deals - out of 1,911 stocks so far traded on the BSE 1,040 stocks have declined, while 812 stocks have advanced.
In the Metal space - Jindal Steel is the top loser, down over 4 percent to Rs. 139. Followed by SAIL plunged nearly 3 percent at Rs. 72.
Coal India and JSW Steel have dropped over 2 percent each at Rs. 363 and Rs. 938, respectively.
NMDC shed over 1.5 percent at Rs 126. Sesa Sterlite and Tata Steel have also declined around a percent each at Rs. 205 and Rs. 366, respectively.
Hindalco, however, is up 0.2 percent at Rs. 131.
The BSE headline index has tumbled below 27,000 for the first time since 7 January, 2015. The BSE index registered an intra-day low of 26,987 and is now down 239 points at 26,978.
The NSE Nifty also slipped below 8,200-mark and dropped to a low of 8,147. The Nifty-50 index is now quoted at 8,174 - down 66 points.
The broader market is under-performing the BSE benchmark index, the Midcap index is down 0.2 percent at 10,389 and the Smallcap index has moved down 0.4 percent at 10,918.
Among sectors, the BSE Metal and IT indices are the major losers, down 1.4 percent each at 9,815 and 10,354, respectively. The FMCG, Capital Goods, Auto and Power indices are the other notable losers.
On the other hand, the Consumer Durables index has gained nearly a percent at 10,465. The Oil & Gas and Bankex indices are marginally up.
The breadth is negative in morning deals - out of 1,911 stocks so far traded on the BSE 1,040 stocks have declined, while 812 stocks have advanced.
In the Metal space - Jindal Steel is the top loser, down over 4 percent to Rs. 139. Followed by SAIL plunged nearly 3 percent at Rs. 72.
Coal India and JSW Steel have dropped over 2 percent each at Rs. 363 and Rs. 938, respectively.
NMDC shed over 1.5 percent at Rs 126. Sesa Sterlite and Tata Steel have also declined around a percent each at Rs. 205 and Rs. 366, respectively.
Hindalco, however, is up 0.2 percent at Rs. 131.
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