The benchmark indices, Nifty 50 and Sensex, remained under pressure on Wednesday, dragged down by losses in IT, realty and FMCG stocks.
At 14:30 hours, the 30-share benchmark index was trading at 77699.85 down by -454.4 points or by -0.58 % and then NSE Nifty was at 24290.3 down by -181.4 points or by -0.74 %.
Sensex touched intraday high of 78263.33 and intraday low of 77497.93 The NSE Nifty touched intraday high of 24473.3 and intraday low of 24265.95
The top gainers of the BSE Sensex pack were State Bank of India (Rs. 1079.50,+1.27%), Power Grid Corporation of India Ltd. (Rs. 269.30,+0.52%), InterGlobe Aviation Ltd. (Rs. 5285.00,+0.48%), Asian Paints Ltd. (Rs. 2739.80,+0.47%), Bharat Electronics Ltd. (Rs. 405.35,+0.46%), among others.
The top losers of the BSE Sensex pack were Tata Consultancy Services Ltd. (Rs. 2336.85,-4.24%), Tata Steel Ltd. (Rs. 184.85,-1.88%), Infosys Ltd. (Rs. 1168.35,-1.65%), Mahindra & Mahindra Ltd. (Rs. 3422.30,-1.57%), Titan Company Ltd. (Rs. 5047.85,-1.31%), among others.
PSU index was at 21013.29 up by 165.17 points or by 0.79%. National Aluminium Company Ltd. (Rs. 418.10,+7.79%), Punjab National Bank (Rs. 118.15,+4.01%), Bank of Maharashtra (Rs. 81.90,+3.78%), Bharat Heavy Electricals Ltd. (Rs. 417.50,+3.25%), Hindustan Copper Ltd. (Rs. 548.90,+2.96%),.
IT index was at 29946.01 down by -536.32 points or by -1.76%. Ceinsys Tech Ltd. (Rs. 752.35,-5.34%), Mindteck (India) Ltd. (Rs. 182.05,-5.06%), Ramco Systems Ltd. (Rs. 619.70,-5.00%), Tata Consultancy Services Ltd. (Rs. 2336.85,-4.24%), Tanla Platforms Ltd. (Rs. 592.20,-3.96%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4669 , shares advanced were 1879 while 2560 shares declined and 230 were unchanged.