Indian benchmarks continued to trade in negative terrain lower by 282 points during the late morning deals. In the broader markets, the Nifty MidCap and the Nifty SmallCap fell 0.63 per cent and 0.43 per cent, respectively.
On the corporate front, share price of Action Construction Equipment (ACE) surged 6 per cent to ₹1,256 on the BSE. While IFCI share price declined as much as 2.4 per cent to the day’s low of ₹61.80.
Furthermore, Oil India share price rose 1.8 per cent to ₹448 per share on the National Stock Exchange. Hitachi Energy share price jumped 9.3 per cent to ₹31,195 in the intraday trade on the NSE. Shares of Dilip Buildcon rose 2.03 per cent to the day’s high of ₹414.95 per share.
At 11:41 hours, the 30-share benchmark index was trading at 81629.6 down by -281.41 points or by -0.34 % and then NSE Nifty was at 25173.05 down by -126.3 points or by -0.5 %.
In the volatile trade so-far, Sensex touched intraday high of 81879.51 and intraday low of 81300.46 The NSE Nifty touched intraday high of 25246.35 and intraday low of 25077.55.
The top gainers of the BSE Sensex pack were Hindustan Unilever Ltd. (Rs. 1981.45,+1.04%), Bharti Airtel Ltd. (Rs. 2112.00,+0.96%), Reliance Industries Ltd. (Rs. 1340.70,+0.49%), Sun Pharmaceutical Industries Ltd. (Rs. 1892.00,+0.28%), Mahindra & Mahindra Ltd. (Rs. 1773.55,+0.24%), among others.
Whereas, Mahindra & Mahindra Ltd. (Rs. 3348.85,-1.76%), HDFC Bank Ltd. (Rs. 801.00,-1.34%), Bajaj Finserv Ltd. (Rs. 1858.55,-1.11%), Bharat Electronics Ltd. (Rs. 403.00,-1.10%), Titan Company Ltd. (Rs. 4847.00,-1.07%),were among the losers on the BSE.
Among the sectors, BSE Power index was at 7250.49 up by 62.63 points or by 0.87%. Hitachi Energy India Ltd. (Rs. 32027.05,+12.18%), Siemens Energy India Ltd. (Rs. 3192.50,+5.29%), GE Vernova T&D India Ltd. (Rs. 4400.00,+4.89%), CG Power and Industrial Solutions Ltd. (Rs. 834.80,+1.80%), ABB India Ltd. (Rs. 7075.00,+1.80%),.
On the flip side, BSE Realty index was at 7224.66 down by -74.58 points or by -1.02%. Phoenix Mills Ltd. (Rs. 2250.00,-2.11%), Sobha Ltd. (Rs. 1273.20,-1.92%), Brigade Enterprises Ltd. (Rs. 550.70,-1.81%), Anant Raj Ltd. (Rs. 477.45,-1.54%), Prestige Estates Projects Ltd. (Rs. 1669.25,-1.23%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4518 , shares advanced were 1846 while 2428 shares declined and 244 were unchanged.