The market recovered from lower level in choppy trade. Larsen & Toubro and Wipro were major losers from Sensex pack. Bharat Heavy Electricals and Bharti Airtel were major gainers from Sensex pack. Reliance Energy recovered from lower level. Weakness in Asian and European markets weighed on the domestic bourses.
Capital goods, IT, metal and oil & gas stocks declined. However BSE Mid-Cap and Small-Cap indices rose. The market breadth was positive
At 14:22 IST, the 30-share BSE Sensex was down 158.45 points or 1.01% at 15,598.63. At the day’s low of 15,479.42, Sensex lost 277.66 points in mid-morning trade.
The broader based S&P CNX Nifty was down 40.15 points or 0.84% at 4,721.05.
The market breadth was positive: on BSE 1326 shares advanced as compared to 1,192 that declined. 60 shares remained unchanged.
The BSE Mid-Cap index up 0.85% to Rs 6,398.50 and BSE Small-Cap index up 0.47% to 7,814.41.
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