Markets continued to trade in the negative territory, the Sensex was down 22 points at 20,001 and the Nifty was at 5989 lower by 8 points.
Most of the Asian markets ended the day on a negative note, the Nikkei ended the day at 10,292 lower by 63 points, Taiwan was down 21 points to close at 8870, Shanghai ended at 2732 lower by 48 points and Hang Seng was trading lower by 277 points at 22,556, however Seoul Composite was an exception the index managed to end in the green, up 11 points at 2033.
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The markets continued to trade on a lacklustre note in the past one hour, with Sensex losing 18 points at 20,010 and Nifty was at 5991 lower by 6 points.
Wipro continued to stay on the top position, the stock was trading higher by 1.5% at Rs 492, Reliance Communication was also trading higher by 1.2% at Rs 138. Cipla, Bharti Airtel, HDFC Bank, and Jindal Steel were also among the gainers. On the other hand Tata Motors was the top loser, the stock lost 1.7% and was trading at Rs 1277, ONGC, ICICI Bank, Hindustan Unilever, Larsen and Toubro and Reliance Industries were also among the losers down more than 0.4% each.On the sectoral front BSE Realty index was the top gainer the index was trading higher by 0.57% or 15 points at 2757, Healthcare index was also higher by 0.5% at 6654. Teck, FMCG, IT and Consumer Durable indices were also marginally trading marginally higher. While, Oil & gas, capital goods stocks, PSU, Auto and BSE banking index- Bankex were witnessing some selling pressure. The BSE Oil & Gas index was the top loser down 58 points or 0.55% at 10,549 followed by capital goods index down 0.35% or 52 points at 15,131. PSU, auto and bankex indices were down more than 0.22% each.
Unitech was the top gainer on the realty charts the stock was trading higher by more than 2% at Rs 63, Orbit Corp, Parsvanath Developers, Mahindra Lifespace, Indiabulls Real Estate and HDIL were also trading higher by more than 0.5% each. On the Oil & gas index Indian Oil Corporation, GAIL, HPCL, ONGC, BPCL and Reliance Industries were among the losers down more than 0.5% each.
Broader markets were also trading flat with BSE Small-cap index adding 23 points at 9379 and the mid-cap index was margianlly lower down 4 points at 7609.
Meanwhile the overall market breadth was marginally negative as 1334 stocks declined while 1305 stocks advanced.
