FMCG and metal stocks are witnessing selling pressure; Volatility index has jumped 1.2 percent. The CNX IT and the CNX Pharma indices have shed 0.3 percent each.
The market has extended losses on the back of sustained selling in FMCG and Metal stocks.
The BSE Sensex has tumbled to register a fresh intra-day low at 27,801 and is now down 142 points at 27,816.
The NSE Nifty so far has touched a low at 8,415 and is now down 32 points at 8,427.
The India VIX (Volatility) index has jumped 1.2 percent at 17.1475.
ITC is the major dragger today - the stock alone has accounted for a decline of 56 points for the BSE Sensex and 16 points for the NSE Nifty.
Sectorwise, the CNX FMCG index is the top loser - down 1.7 percent. The CNX Metal index has dropped 1.1 percent.
The CNX IT and the CNX Pharma indices have shed 0.3 percent each.
On positive front, the CNX Realty and the CNX Energy indices have added 0.3 percent. Whereas, the Bank Nifty and the CNX Auto index are trading on a flat note.
Among Nifty-50 stock, ITC is the top percentage loser - down 2.8 percent at Rs. 320. Coal India and Ambuja Cements have tumbled 2 percent each at Rs. 367 and Rs. 237, respectively. Asian Paints has shed 1.8 percent at Rs. 762.
Hindustan Unilever, Vedanta, BHEL, HDFC, Tech Mahindra and Tata Power are among the notable Nifty losers.
The market breadth is slightly positive in the late morning deals. Out of 1,723 stocks have traded on the NSE - 716 stocks have advanced, while 685 stocks have declined.
The BSE Sensex has tumbled to register a fresh intra-day low at 27,801 and is now down 142 points at 27,816.
The NSE Nifty so far has touched a low at 8,415 and is now down 32 points at 8,427.
The India VIX (Volatility) index has jumped 1.2 percent at 17.1475.
ITC is the major dragger today - the stock alone has accounted for a decline of 56 points for the BSE Sensex and 16 points for the NSE Nifty.
Sectorwise, the CNX FMCG index is the top loser - down 1.7 percent. The CNX Metal index has dropped 1.1 percent.
The CNX IT and the CNX Pharma indices have shed 0.3 percent each.
On positive front, the CNX Realty and the CNX Energy indices have added 0.3 percent. Whereas, the Bank Nifty and the CNX Auto index are trading on a flat note.
Among Nifty-50 stock, ITC is the top percentage loser - down 2.8 percent at Rs. 320. Coal India and Ambuja Cements have tumbled 2 percent each at Rs. 367 and Rs. 237, respectively. Asian Paints has shed 1.8 percent at Rs. 762.
Hindustan Unilever, Vedanta, BHEL, HDFC, Tech Mahindra and Tata Power are among the notable Nifty losers.
The market breadth is slightly positive in the late morning deals. Out of 1,723 stocks have traded on the NSE - 716 stocks have advanced, while 685 stocks have declined.
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