The volatility index has jumped over 14 percent. The BSE Sensex has cracked over 500 points. The CNX Midcap and the CNX Smallcap indices have slumped 2.5 percent each at 12,678 and 5,466, respectively.
The market continues to trade on a gloomy note on the back of intense selling across all the sectors.
At 11:49 AM, the Sensex is down 602 points at 26,838. The Nifty is down 196 points at 8,129.
The Volatility index - India VIX - has zoomed 14.1 percent at 19.8125.
The CNX Midcap and the CNX Smallcap indices have slumped 2.5 percent each at 12,678 and 5,466, respectively.
All the Sectoral indices are also trading on a weak note.
The CNX PSU Bank, the CNX Realty and the CNX Metal indices have plunged 3 percent each. The CNX Pharma, the CNX Energy and the CNX Infra have tumbled over 2 percent each.
Among Nifty-50 stocks, only Bharti Airtel and Cairn India have bucked the trend and are trading on a positive note.
Bharti Airtel has jumped 3.1 percent at Rs. 399 on buzz on higher MSCI index weightage. While, Cairn India is trading marginally in green at Rs. 214.
On the other hand, Ambuja Cements, BPCL, BHEL and NTPC have slipped over 4 percent. Bank of Baroda, IDFC, Vedanta and NMDC have tumbled over 3.5 percent.
Punjab National Bank, Axis Bank, Tata Power, Cipla and Larsen & Toubro are some of the prominent Nifty losers.
At 11:49 AM, the Sensex is down 602 points at 26,838. The Nifty is down 196 points at 8,129.
The Volatility index - India VIX - has zoomed 14.1 percent at 19.8125.
The CNX Midcap and the CNX Smallcap indices have slumped 2.5 percent each at 12,678 and 5,466, respectively.
All the Sectoral indices are also trading on a weak note.
The CNX PSU Bank, the CNX Realty and the CNX Metal indices have plunged 3 percent each. The CNX Pharma, the CNX Energy and the CNX Infra have tumbled over 2 percent each.
Among Nifty-50 stocks, only Bharti Airtel and Cairn India have bucked the trend and are trading on a positive note.
Bharti Airtel has jumped 3.1 percent at Rs. 399 on buzz on higher MSCI index weightage. While, Cairn India is trading marginally in green at Rs. 214.
On the other hand, Ambuja Cements, BPCL, BHEL and NTPC have slipped over 4 percent. Bank of Baroda, IDFC, Vedanta and NMDC have tumbled over 3.5 percent.
Punjab National Bank, Axis Bank, Tata Power, Cipla and Larsen & Toubro are some of the prominent Nifty losers.
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