Nifty struggles below 9550, Midcap underperforms; Bharti extends gains

Equity benchmarks remained under pressure, with the Nifty struggling below 9550 level on consistent selling in banks, auto, technology and infra stocks.

The 30-share BSE Sensex was down 95.42 points at 31,042.79 and the 50-share NSE Nifty fell 41.85 points to 9,533.10.

About 1,652 shares declined against 694 advancing shares on the BSE.

Infosys, SBI, Axis Bank, Tata Motors, L&T and Asian Paints were down 1-3 percent while Bharti Airtel extended gains to 2 percent.

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Posted in: Indian Market Tips