Nifty holds 11,350 mark; PSU Bank index drags 2%

Equity benchmark indices were trading in the negative, with Sensex down 27 points at 37,558 and Nifty 50 down 15 points at 11,363 mark.

On the sectoral front, PSU banks, automobiles, IT, and metal stocks gained, while pharmaceuticals and IT stocks were trading higher. The midcap index was down over half a percent.

The market breadth was negative as 896 shares advanced, while 1,226 shares declined and 155 shares remained unchanged.

HUL, Dr.Reddy’s and Yes Bank were the top gainers, while Hindalco, Vedanta, Tech Mahindra and State Bank of India were the top losers on Nifty 50.


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