The breadth of the market favoured the declines with 427 stocks advancing and 1204 declining while 421 remained unchanged. On the BSE, 716 stocks advanced, 1549 declined and 135 remained unchanged.
The Indian benchmark indices continued to trade in the red in this Wednesday afternoon session session with the Nifty50 down 65 points, trading at 10,597 while the Sensex shed 255 points and was trading at 35,215.
Nifty midcap was down a percent dragged by Bank of India, Cholamandalam Investment, DHFL, Federal Bank and Jubilant Foodworks among others.
The Energy index was also weak with loses from Reliance Industries which shed 1.5 percent followed by BPCL and ONGC.
PSU banks were trading in the red dragged by Central Bank of India, Union Bank of India, Indian Bank, OBC, PNB, State Bank of India and Syndicate Bank.
However, Nifty Media was up close to a percent with gains from Zee Entertainment which jumped 3 percent followed by DEN Networks and Network18.
The top gainers from NSE include Zee Entertainment, UPL, Titan Company, Adani Ports and UltraTech Cement while the top losers included Indiabulls Housing, YES Bank, Sun Pharma, State Bank of India and IndusInd Bank.
The most active stocks were Indiabulls Housing Finance, YES Bank, Jubilant Foodworks, Reliance Industries and Zee Entertainment.
Aavas Financiers, Apollo Sindoori Hotels and Proseed India have hit new 52-week high on NSE in this afternoon session.
52 stocks have hit new 52-week low including names like California Software, Deepak Nitrite, Mcleod Russel India, Rolta India and Stampede Capital among others.
The breadth of the market favoured the declines with 427 stocks advancing and 1204 declining while 421 remained unchanged. On the BSE, 716 stocks advanced, 1549 declined and 135 remained unchanged.
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