Market remain weak ahead of key macro-economic data; Hero MotoCorp, Dr.Reddy's buck trend. The India VIX (Volatility) index has soared over 11 percent to 20.73.
The market continues to sag under selling pressure ahead of the key macro-economic data - the CPI and IIP numbers.
The BSE Sensex is now down a whopping 558 points at 26,948.
The CNX Nifty has tumbled over 2 percent (181 points) to 8,145.
The India VIX (Volatility) index has soared over 11 percent to 20.73.
The broader market is also considerably in negative zone - the CNX Midcap index has plunged 1.7 percent to 12,553, and the Smallcap index has shed 2.2 percent at 5,335.
Among sectors - the Bank Nifty, Energy, Infra, Metal, Pharma, PSU Bank and Realty indices have plunged around 3 percent each.
The breadth too is extremely negative - out of 1,716 stocks traded on the NSE, 1,211 have declined and 234 have advanced.
Bank of Baroda, Vedanta and Tata Steel are the major losers, down over 5 percent each at Rs. 160, Rs. 218 and Rs. 358, respectively.
BHEL has plunged 4.5 percent to Rs. 224. Cairn India, ICICI Bank and Hindalco have dropped over 4 percent each to Rs. 201, Rs. 311 and Rs. 137, respectively.
Punjab National Bank, Ambuja Cements, NDMC, IDFC, BPCL, Zee Entertainment, ACC, NTPC, HDFC and Tata Motors are the other major losers - down over 3 percent each.
On the positive front, Hero MotoCorp has soared over 4 percent to Rs. 2,486, and Dr.Reddy's has rallied 2.2 percent to Rs. 3,434.
The BSE Sensex is now down a whopping 558 points at 26,948.
The CNX Nifty has tumbled over 2 percent (181 points) to 8,145.
The India VIX (Volatility) index has soared over 11 percent to 20.73.
The broader market is also considerably in negative zone - the CNX Midcap index has plunged 1.7 percent to 12,553, and the Smallcap index has shed 2.2 percent at 5,335.
Among sectors - the Bank Nifty, Energy, Infra, Metal, Pharma, PSU Bank and Realty indices have plunged around 3 percent each.
The breadth too is extremely negative - out of 1,716 stocks traded on the NSE, 1,211 have declined and 234 have advanced.
Bank of Baroda, Vedanta and Tata Steel are the major losers, down over 5 percent each at Rs. 160, Rs. 218 and Rs. 358, respectively.
BHEL has plunged 4.5 percent to Rs. 224. Cairn India, ICICI Bank and Hindalco have dropped over 4 percent each to Rs. 201, Rs. 311 and Rs. 137, respectively.
Punjab National Bank, Ambuja Cements, NDMC, IDFC, BPCL, Zee Entertainment, ACC, NTPC, HDFC and Tata Motors are the other major losers - down over 3 percent each.
On the positive front, Hero MotoCorp has soared over 4 percent to Rs. 2,486, and Dr.Reddy's has rallied 2.2 percent to Rs. 3,434.
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