Shares of real estate, infrastructure and capital goods companies are witnessing a sell off in noon deals with many of them down over 6% each.
Markets continue to trade near day lows after Japan's Nikkei slumped over 1,140 points or 7%. Further, hawkish comments by U.S. Federal Reserve Chairman Ben Bernanke and weakness in China's factory activity also dampened sentiment.
Unitech, Housing Development and Infrastructure Limited (HDIL), Jaiprakash Associates, Reliance Infrastructure, Indiabulls Real Estate, DLF and Anant Raj Industries from real estate and infrastructure sectors are down by more than 7% each.
Markets continue to trade near day lows after Japan's Nikkei slumped over 1,140 points or 7%. Further, hawkish comments by U.S. Federal Reserve Chairman Ben Bernanke and weakness in China's factory activity also dampened sentiment.
Unitech, Housing Development and Infrastructure Limited (HDIL), Jaiprakash Associates, Reliance Infrastructure, Indiabulls Real Estate, DLF and Anant Raj Industries from real estate and infrastructure sectors are down by more than 7% each.
Crompton Greaves, BEML, Punj Lloyd, BHEL, Larsen and Toubro, Alstom India and Siemens from capital goods space are fallen in the range of 4-8% on BSE.
The BSE realty index, the largest loser among sectoral indices, is down 7% and capital goods index by 4% as compared to 1.7% fall in benchmark Sensex at 1209 hours.
