Tech, cap goods, bank stocks down
The markets have lost their footings a bit and are trading lower as selling pressure has seen in technology, capital goods, banking, FMCG and telecom stocks. Market breadth is negaitve, about 1477 shares have advanced, 1505 shares declined, and 88 shares are unchanged. Midcap and small caps are flat. On the global front, Asian markets were trading lower.
At 10.29 hrs IST, the Sensex was down 84.80 points or 0.54% at 15747.75, and the Nifty down 18.70 points or 0.39% at 4752.90.
Top losers were Infosys, HDFC Bank, L&T and Sun Pharma while gainers - Tata Steel, Grasim, Ranbaxy Labs, RPL and SAIL.
Technology stocks have lost ground after yesterday's sharp increased in their respective prices.
Reliance Petroleum, Essar Oil, GSS America, BHEL and L&T were most active shares on the bourses
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