The markets continue to trade in a narrow range, Sensex in 50-odd points. The European markets too have started the day on a lacklustre note, which does not help matter. The FTSE 100 and DAX are down 0.2% each; while CAC has shed 0.3%.
The Sensex is now down 69 points at 18,240 and the Nifty is at 5,483 down 21 points.
On the BSE sectoral indices, FMCG index is the top loser.
Patni Computers up 2.5%, Mphasis up 1.4%, are the scrips which help the IT index stay afloat in the green.
The gainers on the Sensex are Sterlite up 1.4% at Rs 154 followed by ACC and NTPC adding 0.4% each.
Infosys, TCS and Hindustan Unilever are up 0.1-0.4%.
Tata Steel and DLF are down 2% each. Jaiprakash Associates, Tata Power, Hindalco, Wipro, Hero Honda, Jindal Steel are down 1.5-1.9% each and are the other prominent losers.
Market breadth is very negative. 2,018 stocks have declined while 849 have advanced.
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