02:43
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The market fell further amid consolidation in afternoon trade, tracking extended losses in European peers. The Sensex slipped 84.70 points to 26312.07 and the Nifty declined 27.80 points to 8082.80.
The BSE Midcap also turned negative but the market breadth remained positive that supporting Smallcap index to gain 0.35 percent. About 1479 shares advanced against 964 declining shares on Bombay Stock Exchange.
France’s CAC, Germany’s DAX and Britain’s FTSE fell 1 percent each as investors waver ahead of a two-day meeting of the US Federal Reserve and global concerns over a Brexit weigh on sentiment.
Infosys, HDFC, TCS, Reliance Industries and HDFC Bank were leading contributors in Sensex’s fall while Adani Ports, SBI and Cipla outperformed, rising 2-3 percent.
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Posted in: Indian Market Tips
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