Today market trading red signal, The BSE Sensex fell over 100 points in the morning trade on Wednesday. On the other side selling pressure in IT and FMCG stocks.
The 50-share nifty index was trading down 43.75 points or 0.53% at 8241.85, Led by losses in TCS, Infosys, L&T and Bharti Airtel.
The 30-share Sensex index is fell 149.98 points or 0.55% at 27246.40, it’s Intraday high of 27420.99 and touch a low of 27176.54.
The Indian benchmark indices have been facing the heat of selling pressure past quite some times now. The Sensex has fallen on summit of 1,800 points in the last nine trading sessions even if the Nifty is the length of 900 points (10 per cent) from its peak in March 2015.
Axis bank 2.24%, Gail 1.86%, ICICI bank 1.82%, Tata steel 1.76%, Lupin 1.65%, Wipro 1.53%, Tech-mahindra 1.40%, Yes bank 1.22%, Sun Pharma 1.08%, Maruti 0.51% were top gainers in the Sensex.
SSLT 3.87%, IDEA 3.21%, HDFC 2.75%, ITC 2.10%, Tata Motors 2.02%, Cairn 1.76%, Hindalco 1.64%, TCS 1.62%, Dr. Reddy’s 1.42%, M&M 1.39% were top losers in the Sensex.