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The market continued to be volatile ahead of expiry of Nifty September derivative contracts. The Sensex declined 41.44 points to 25781.55 and the Nifty fell 4.35 points to 7841.60.
However, the broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices rising 0.55 percent and 0.8 percent, respectively.
The market breadth was positive as about 1414 shares have advanced against 855 shares declined on the Bombay Stock Exchange.
Coal India (-3 percent), ONGC (-2 percent), Tata Steel (-2 percent) and Vedanta (-2 percent) were the big losers in the Nifty. Other laggards in the index were ICICI Bank (-1 percent), HDFC Bank (-1 percent), Reliance Industries (-1 percent) and Ambuja Cements (-1 percent).
Posted in: Indian Market Tips
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