Indian markets continued to hover in red during the noon trading session dragged primarily by financials and metals.
At 12:22 hours, the 30-share benchmark index was trading at 49250.6 down by -251.81 points or by -0.51 % and then NSE Nifty was at 14883.75 down by -58.6 points or by -0.39 %.
Sensex touched intraday high of 49290.78 and intraday low of 48988.18 The NSE Nifty touched intraday high of 14890.05 and intraday low of 14771.4
The top gainers of the BSE Sensex pack were UltraTech Cement Ltd. (Rs. 6601.00,+3.05%), NTPC Ltd. (Rs. 109.65,+1.81%), Sun Pharmaceutical Industries Ltd. (Rs. 704.90,+0.97%), State Bank of India (Rs. 365.05,+0.90%), IndusInd Bank Ltd. (Rs. 952.00,+0.71%), among others.
The top losers of the BSE Sensex pack were Housing Development Finance Corporation Ltd. (Rs. 2468.90,-2.45%), Kotak Mahindra Bank Ltd. (Rs. 1772.70,-2.07%), Mahindra & Mahindra Ltd. (Rs. 977.00,-1.46%), Hindustan Unilever Ltd. (Rs. 2404.75,-1.14%), Bajaj Finance Ltd. (Rs. 5434.00,-1.14%), among others.
Among the sectors, Oil&Gas index was at 15933.64 up by 305.22 points or by 1.95%. Indian Oil Corporation Ltd. (Rs. 104.20,+5.20%), Hindustan Petroleum Corporation Ltd. (Rs. 265.30,+4.02%), GAIL (India) Ltd. (Rs. 160.35,+3.69%), Gujarat State Petronet Ltd. (Rs. 269.40,+2.08%), Bharat Petroleum Corporation Ltd. (Rs. 463.05,+2.06%),.
IT index was at 26553.19 down by -189.32 points or by -0.71%. Intellect Design Arena Ltd. (Rs. 774.70,-5.85%), IndiaMART InterMESH Ltd. (Rs. 7050.00,-4.01%), Wipro Ltd. (Rs. 517.95,-1.53%), Larsen & Toubro Infotech Ltd. (Rs. 3626.35,-1.49%), Mahindra & Mahindra Ltd. (Rs. 977.00,-1.46%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3196 , shares advanced were 1894 while 1076 shares declined and 226 were unchanged.