Volatility struck bourses in morning trade as the key benchmark indices cut losses soon after reversing intraday gains. At 10:19 IST, the barometer index, the S&P BSE Sensex, was down 7.45 points or 0.02% at 38,150.44. The Nifty 50 index was down 8.25 points or 0.07% at 11,512.05. Realty stocks dropped.
Domestic stocks nudged higher in early trade.
The S&P BSE Mid-Cap index was down 0.5%. The S&P BSE Small-Cap index was down 0.45%. Both these indices underperformed the Sensex.
The market breadth, indicating the overall health of the market, was negative. On the BSE, 834 shares rose and 1229 shares fell. A total of 111 shares were unchanged.
Back home, Coal India (down 2.18%), Hindustan Unilever (down 1.45%) and ONGC (down 0.95%) edged lower from the Sensex pack.
Realty stocks dropped. Godrej Properties (down 3.45%), Phoenix Mills (down 3.19%), Indiabulls Real Estate (down 0.45%), Housing Development and Infrastructure (down 0.6%), D B Realty (down 2.96%), Unitech (down 0.78%), Sobha (down 1.58%), Prestige Estates Projects (down 1.12%) and Oberoi Realty (down 1.91%) declined. DLF (up 0.05%) rose.
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