Equity benchmark Sensex tumbled over 450 points in early trade on Tuesday, tracking losses in index-heavyweights HDFC twins, ICICI Bank and Kotak Bank amid negative cues from global markets.
At 9:50 hours, the 30-share benchmarkk index was trading at 49143.73 down by -358.68 points or by -0.72 % and then NSE Nifty was at 14822.2 down by -120.15 points or by -0.8 %.
Sensex touched intraday high of 49159.87 and intraday low of 48988.18 The NSE Nifty touched intraday high of 14835.45 and intraday low of 14771.4
The top gainers of the BSE Sensex pack were Sun Pharmaceutical Industries Ltd. (Rs. 719.35,+3.04%), NTPC Ltd. (Rs. 109.25,+1.44%), UltraTech Cement Ltd. (Rs. 6488.35,+1.29%), Power Grid Corporation of India Ltd. (Rs. 221.45,+0.75%), Reliance Industries Ltd. (Rs. 1931.35,+0.29%), among others.
The top losers of the BSE Sensex pack were Housing Development Finance Corporation Ltd. (Rs. 2480.25,-2.00%), Kotak Mahindra Bank Ltd. (Rs. 1778.00,-1.78%), Bajaj Finance Ltd. (Rs. 5419.00,-1.42%), Tata Consultancy Services Ltd. (Rs. 3102.90,-1.34%), ICICI Bank Ltd. (Rs. 605.10,-1.30%), among others.
Oil&Gas index was at 15795 up by 166.58 points or by 1.07%. Indian Oil Corporation Ltd. (Rs. 102.35,+3.33%), Hindustan Petroleum Corporation Ltd. (Rs. 261.05,+2.35%), GAIL (India) Ltd. (Rs. 157.85,+2.07%), Bharat Petroleum Corporation Ltd. (Rs. 459.05,+1.18%), Gujarat State Petronet Ltd. (Rs. 266.95,+1.16%),.
Bankex index was at 37425.24 down by -398.42 points or by -1.05%. Kotak Mahindra Bank Ltd. (Rs. 1778.00,-1.78%), ICICI Bank Ltd. (Rs. 605.10,-1.30%), IndusInd Bank Ltd. (Rs. 934.55,-1.13%), City Union Bank Ltd. (Rs. 165.75,-0.96%), Axis Bank Ltd. (Rs. 708.25,-0.94%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2579 , shares advanced were 1410 while 1022 shares declined and 147 were unchanged.