Sensex, Nifty continue to be weak; ITC drags FMCG index lower

Dragged by weak global cues on the back of geopolitical tensions, benchmark indices in India too fell around half a percent in the past hour, with the Nifty looking to breach 9900-mark.

The Sensex was down 171.72 points at 31637.83, while the Nifty was down 47.85 points at 9904.35. The market breadth was negative as 986 shares advanced against a decline of 1106 shares, while 104 shares were unchanged.

Kotak Mahindra Bank, Reliance Industries, GAIL and Ambuja Cements were the top gainers, while Sun Pharma and ITC lost the most.

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Posted in: Indian Market Tips