Indian benchmark indices continued to trade lower during the morning session amid selling in index heavyweights including Mahindra & Mahindra Ltd, Bajaj Finance Ltd. HCL Technologies Ltd.Tata Consultancy Services Ltd. and Larsen & Toubro Ltd. among others.
At 10:50 hours, the 30-share benchmark index was trading at 59356.72 down by -143.69 points or by -0.24 % and then NSE Nifty was at 17583.25 down by -65.7 points or by -0.37 %.
Sensex touched intraday high of 59787.63 and intraday low of 59104.59 The NSE Nifty touched intraday high of 17735.7 and intraday low of 17537.55
The top gainers of the BSE Sensex pack were State Bank of India (Rs. 551.60,+2.46%), Power Grid Corporation of India Ltd. (Rs. 216.60,+2.29%), Maruti Suzuki India Ltd. (Rs. 8932.10,+1.29%), Mahindra & Mahindra Ltd. (Rs. 1347.85,+1.22%), UltraTech Cement Ltd. (Rs. 6957.75,+1.05%), among others.
The top losers of the BSE Sensex pack were Mahindra & Mahindra Ltd. (Rs. 1003.00,-3.20%), Bajaj Finance Ltd. (Rs. 5926.00,-1.59%), HCL Technologies Ltd. (Rs. 1118.60,-1.42%), Tata Consultancy Services Ltd. (Rs. 3391.00,-1.29%), Larsen & Toubro Ltd. (Rs. 2090.80,-1.13%), among others.
PSU index was at 9704.22 up by 182.76 points or by 1.92%. Rashtriya Chemicals & Fertilizers Ltd. (Rs. 119.30,+5.58%), BEML Ltd. (Rs. 1532.50,+5.23%), Mazagon Dock Shipbuilders Ltd. (Rs. 797.30,+4.73%), Bharat Electronics Ltd. (Rs. 92.60,+4.10%), Bank of Baroda (Rs. 164.90,+4.04%),.
_IT index was at 29567.53 down by -303.56 points or by -1.02%. Mahindra & Mahindra Ltd. (Rs. 1003.00,-3.20%), Cressanda Solutions Ltd. (Rs. 30.00,-2.76%), Coforge Ltd. (Rs. 4303.60,-2.53%), HCL Technologies Ltd. (Rs. 1118.60,-1.42%), Brightcom Group Ltd. (Rs. 24.60,-1.40%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3435 , shares advanced were 2083 while 1206 shares declined and 146 were unchanged.