The NSE Nifty so far has touched a low of 8,036. The India VIX (Volatility) index has soared nearly 5 percent to 18.9625.
The market is exhibiting weakness in noon deals on the back of lack of buying support in key index heavyweights. The Sensex is trading near the lows of the day, down 220 points at 26,548.
The NSE Nifty so far has touched a low of 8,036, and is now down 77 points at 8,037. The India VIX (Volatility) index has soared nearly 5 percent to 18.9625.
The broader market are also significantly in red. The CNX Nifty Junior, Midcap and Smallcap indices are down around 1.5 percent each at 18,959, 12,528 and 5,183, respectively.
The breadth too extremely negative - out of 1,728 stocks traded so far on the NSE, 1,075 have declined and 380 have advanced.
Punjab National Bank (PNB) is the major loser in the Nifty-50 so far. The stock has slumped 4 percent to Rs. 138.
Cairn India, Bank of Baroda and Vedanta have plunged over 3 percent each to Rs. 181, Rs. 155 and Rs. 177, respectively.
Tata Steel, IndusInd Bank, Tata Motors, Bosch, Reliance Industries and HDFC are the other major losers.
On the positive front, Coal India has soared nearly 2 percent to Rs. 413. Tata Power and Axis Bank are the other notable gainers.
A total of 13 stocks have registered a fresh 52-week high, while 77 have dropped to a new 52-week low.
The NSE Nifty so far has touched a low of 8,036, and is now down 77 points at 8,037. The India VIX (Volatility) index has soared nearly 5 percent to 18.9625.
The broader market are also significantly in red. The CNX Nifty Junior, Midcap and Smallcap indices are down around 1.5 percent each at 18,959, 12,528 and 5,183, respectively.
The breadth too extremely negative - out of 1,728 stocks traded so far on the NSE, 1,075 have declined and 380 have advanced.
Punjab National Bank (PNB) is the major loser in the Nifty-50 so far. The stock has slumped 4 percent to Rs. 138.
Cairn India, Bank of Baroda and Vedanta have plunged over 3 percent each to Rs. 181, Rs. 155 and Rs. 177, respectively.
Tata Steel, IndusInd Bank, Tata Motors, Bosch, Reliance Industries and HDFC are the other major losers.
On the positive front, Coal India has soared nearly 2 percent to Rs. 413. Tata Power and Axis Bank are the other notable gainers.
A total of 13 stocks have registered a fresh 52-week high, while 77 have dropped to a new 52-week low.
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