Sensex turns into red; down by 63 points

Sensex,Nifty,Indian stock market,Market update,share market status

 

Sensex slips into red...Autos stay firm

BSE Sensex was at 19,628, down 63 points from the last close. It earlier touched a day's low of 19,638 and a high of 19,835 after opening at 19,735.

The Indian market has erased most of the day's gains with the key stock benchmarks slipping into the negative zone in mid afternoon trade. The broader market is still holding firm.

At 02:27 p.m. (IST), the BSE Sensex was at 19,628, down 63 points from the last close. It earlier touched a day's low of 19,638 and a high of 19,835 after opening at 19,735.

In the broader market, the BSE Small-Cap index and the BSE Mid-Cap index are up about 0.7% and 0.2% respectively.

On the other hand, the NSE Nifty was down 19 points at 5,914 after touching a day's high of 5,976 and a days low of 5,916. It opened at 5,946.

In terms of sectors, the Auto, Consumer Durables, FMCG, Pharma and Oil & Gas indices are up about 1-0.5%. Capital Goods,IT, PSU, Banking, Realty, Metal and Power indices are in the red.

The market breadth on the BSE is positive with 1,687 shares rising and 1,230 shares falling.

M&M, Tata Motors,Tata Steel, Bharti Airtel, RIL, ICICI Bank, Dr. Reddy's and IDFC are among the leading gainers in the Sensex and the Nifty.

HDFC, Wipro, BHEL, HDFC Bank, L&T, ACC, JP Associate, SBI, TCS, BHEL, SAIL, L&T and Siemens are among the laggards in the Sensex and Nifty.