Market Update:
Weak trades have continued on the market, with the Sensex shedding 400 points. The Nifty has breached 11,000-mark as well.
At 12:21 hrs IST, the Sensex is down 432.17 points or 1.17% at 36409.43, while the Nifty is down 146.80 points or 1.32% at 10996.30.
At 12:21 hrs IST, the Sensex is down 432.17 points or 1.17% at 36409.43, while the Nifty is down 146.80 points or 1.32% at 10996.30.
The market breadth is negative as 391 shares advanced, against a decline of 2002 shares, while 121 shares were unchanged.
Automobiles, banks, metals, pharma, and FMCG are all trading lower. Among the broader markets, the Nifty Midcap index is down 3 percent. Meanwhile, a weak rupee has boosted IT stocks.
Automobiles, banks, metals, pharma, and FMCG are all trading lower. Among the broader markets, the Nifty Midcap index is down 3 percent. Meanwhile, a weak rupee has boosted IT stocks.
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