Indian benchmarks continued to extend losses during the noon trading session. Except energy and pharma, all other sectoral indices were trading in the red with auto, bank, realty, IT, metal down 0.5% each. Nifty Midcap and smallcap indices shed 0.3% each.
Overseas, Asian stock markets are trading mixed on Friday, following the broadly negative cues on Wall Street overnight, as a spike in crude oil prices renewed global inflation concerns.
Meanwhile, Indian rupee has extended the fall and trading 20 paise lower by at 94.23 per dollar from its previous close of 94.03.
Among individual shares, TD Power Systems share price rose 9.6 per cent to ₹685.90 per share. Hitachi Energy share price jumped 12.9 per cent to the day’s high of ₹32,250. While Oswal Pumps share price declined 7.3 per cent to the day’s low of ₹221.66 per share on the National Stock Exchange. Indian Railway Catering and Tourism Corporation (IRCTC) share price declined 3 per cent to ₹456.80 per share.
At 12:41 hours, the 30-share benchmark index was trading at 81477.01 down by -434 points or by -0.53 % and then NSE Nifty was at 25112.3 down by -187.05 points or by -0.74 %.
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 Bharti Airtel Ltd. (Rs. 2116.25,+1.16%), Hindustan Unilever Ltd. (Rs. 1979.00,+0.91%), Reliance Industries Ltd. (Rs. 1339.50,+0.40%), Mahindra & Mahindra Ltd. (Rs. 1773.60,+0.24%), ITC Ltd. (Rs. 284.15,+0.07%), among others.
Whereas, top losers of the BSE Sensex pack were Mahindra & Mahindra Ltd. (Rs. 3347.00,-1.81%), Bharat Electronics Ltd. (Rs. 400.35,-1.75%), HDFC Bank Ltd. (Rs. 800.25,-1.43%), InterGlobe Aviation Ltd. (Rs. 5562.30,-1.41%), ICICI Bank Ltd. (Rs. 1566.60,-1.37%), among others.
Among the sectors, CGS index was at 72752.38 up by 490.11 points or by 0.68%. Hitachi Energy India Ltd. (Rs. 31635.00,+10.81%), GE Vernova T&D India Ltd. (Rs. 4374.95,+4.29%), Siemens Energy India Ltd. (Rs. 3158.80,+4.18%), Cummins India Ltd. (Rs. 4374.25,+3.29%), Kirloskar Oil Engines Ltd. (Rs. 1669.50,+1.95%),.
On the other side, Auto index was at 61492.43 down by -677.61 points or by -1.09%. Tata Motors Ltd. (Rs. 436.35,-3.87%), Bosch Ltd. (Rs. 49408.90,-2.16%), Tata Motors Passenger Vehicles Ltd. (Rs. 290.85,-2.07%), Exide Industries Ltd. (Rs. 373.25,-1.94%), Ashok Leyland Ltd. (Rs. 170.30,-1.93%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4644 , shares advanced were 1814 while 2583 shares declined and 247 were unchanged.