The Sensex continues to exhibit weak movement on the back of sluggishness in realty and metal stocks. The metal scrips have declined as base prices have slipped on the London Metal Exchange on Friday, 14 May. The Sensex is now at 16,618, down 376 points.
The NSE Nifty is 106 points down at 4,986.
Among the Sensex-30 stocks, DLF and Reliance Infrastcruture have slipped 5% each to Rs 283 and Rs 975, respectively.
Jaiprakash Associates, Tata Motors, Wipro, Tata Steel and BHEL are down 3-4% each.
Reliance Industries is also weak and is down 3% at Rs 1,012.
While HUL is up 0.5% at Rs 234.
The market breadth is extremely negative, out of 2,447 shares traded, 1,881 have declined and 504 have advanced so far on the BSE.
The BSE midcap and the smallcap indices are down 1.5% each on the BSE.
Among the sectoral indices, realty index is down 3% at 3,179. It is followed by IT and oil &gas indices, down 2% each.
DLF, HDIL and Unitech are the major draggers on the realty index, down 3-5%, respectively.
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