Stock Markets Down by 428 Points - Wipro, TCS and Suzlon Energy among top losers
The Stock markets have slipped deeper into the red (Down by 428 Points) on account of selling pressure seen in all major index stocks. IT and Banking Stocks were among the worst hit. IT stocks are seen under pressure as the Dollar price has again come down compared to Indian Currency. All the key BSE indices are in red and the trading volumes are lower compared to market average.
At 14.15 hrs IST, the Sensex is down 428.02 points and has broken the 14000 level. Nifty is down 129.5 points or 3.13% at 4080.60.
The Market Stats
781 shares are in the Green.
2172 shares are in the Red.
53 shares are unchanged.
BSE Midcap was down by 1.6% while BSE Smallcap was down 2.1%.
Top gainers on the Sensex are HDFC, Ambuja Cements, and Bharti Airtel.
Top losers on the Sensex are Reliance Comm, SBI, TCS, Wipro, Suzlon Energy, Reliance Energy, Zee Entertain and Infosys.