The Bombay Stock Exchange sensitive index, which opened at 8,583.06 today (March 03), declined further to 8,535.08 after hitting high of 8,619.09 and a low of 8,531.40 at 10:10 a.m.

Meanwhile the broad based Nifty lost 13.35 points at 2,661.10 after touching a high of 2,679.10 and a low of 2,654.35.

Indian equities belled the day negatively on funds selling, tracking weak global signals. There was heavy selling across Banking and Consumer Durables stocks.

In the meantime, Auto stocks also saw marginal buying activity.

Stock brokers said that the majority of the bluechip companies remained under pressure on sustained selling by funds plus retail investors following sharp losses on the Asian markets after the US stocks slipped to 12-years lows.

The top losers in the sectoral indices include BSE Bankex, which lost 1.33%, Consumer Durables fell 1.25%, IT dropped 0.98% and Metal was down by 0.67%.

The only sectoral gainer was BSE Auto, which has gained 0.17%.

BSE Midcap and Smallcap also remained weak, and lost 0.84% and 0.49% respectively.

The top gainers in the 30-share index include Tata Motors (1.48%), Grasim Industries (0.91%), Ranbaxy Laboratories (0.90%), Maruti Suzuki India (0.39%), Mahindra & Mahindra (0.64%), and Hindustan Uniliver (0.16%).

The losers list comprised HDFC Bank (2.68%), ICICI Bank (2.73%), Housing Development Finance Corporation (2.58%), and Tata Power (2.19%).

Asian stocks traded flat. Japanese benchmark index Nikkei lost 0.10 points at 7,280.05.

Meanwhile, China’s Shanghai Composite declined 26.39 points at 2,067.06. (10:02 a.m.)

European stocks also marked their closure negatively. UK’s benchmark index FTSE 100 dropped 204.26 points to end at 3,625.83.

French benchmark index CAC 40 fell 121.02 points to end at 2,581.46, whereas Germany’s benchmark index DAX dropped 133.67 points at 3,710.07.