Nifty hovers around 7300, Sensex continues to skid; GAIL up

The market is reeling under selling pressure. The Sensex is down 290.28 points or 1.2 percent at 23997.14 and the Nifty is down 88.65 points or 1.2 percent at 7298.60. About 573 shares have advanced, 1470 shares declined, and 66 shares are unchanged.

GAIL, Sun Pharma, NTPC, ONGC and Lupin are top gainers while Infosys, Coal India, TCS, Maruti and Cipla are losers in the Sensex.

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Posted in: Indian Market Tips