Markets continue to trade weak this morning.
The Sensex is down 57 points at 16,371. The Nifty is down 21 poinst at 4,893.
The metal index has dropped ver 1% in trades. However, the consumer durables, healthcare and IT indices are holding on to gains.
Tata Steel has dropped 2% to Rs 572. Sterlite has shed 1.4% to Rs 777. Hindalco is down marginally at Rs 152.
Maruti is the loser among auto stocks. It is down 1.6% at Rs 1,358. Mahindra & Mahindra has slipped 1% to Rs 1,015.
Reliance has declined 1.5% to Rs 1,016. Jaiprakash Associates, Reliance Communications and Reliance Infrastructure are down 1% each.
On the other hand, HDFC Bank and Hero Honda are up 0.7% each at Rs 1,666 and Rs 1,707, respectively.
The BSE market breadth is positive. Out of 2,276 stocks traded, 1,177 have advanced while 1,009 have declined.
