Markets Trade Weak

The 30-share index, BSE Sensex continued to trade pessimistically as intense selling pressure was seen in banking realty, FMCG and metal stocks, whereas auto stock managed to trade in the positive terrain.

Midcap and Smallcap index fell 1.29% and 0.81% respectively.

At 2.54 p.m., Sensex lost 221.15 points or 1.64% at 13,297.65. It also touched a high of 13,620.74 and a low of 13,127.96.

In contrast, the broad based Nifty stood at 4,016.65, down 58.25 points. It also touched a high of 4,116.70 and a low of 3,974.60.

The overall market breadth was negative as it saw 928 advancements as against 1,644 declinations.

Biggest gainers in the 30-share index were Tata Motors (3.92%), ACC (2.58%), Oil & Natural Gas Corporation (2.57%), Infosys Technologies (1.64%), Mahindra & Mahindra (0.98%), and Wipro (0.83%).

On the other hand, Ranbaxy Laboratories (7.10%), Sterlite Industries (India) (6.72%), ITC (5.15%), ICICI Bank (5.13%), HDFC Bank (4.07%), and State Bank Of India (3.56%) were the biggest losers in the Sensex.