The intraday market remained under pressure in afternoon
trade with the Sensex falling 137.35 points to 27002.59 and the Nifty declining
42.60 points to 8072 while the BSE Midcap and Smallcap trimmed losses to 0.2
percent and 0.7 percent, respectively. About 1010 shares have advanced, 1804
shares declined, and 113 shares are unchanged.
Realty major DLF kept its top position in the selling list,
down nearly 10 percent. Jindal Steel, BHEL, Hindalco Industries and Tata Steel
plunged 3.5-4 percent. Shares of Tata Motors, ICICI Bank, Reliance Industries,
Infosys, L&T, HDFC Bank, GAIL and TCS dropped 0.6-2 percent.
However, shares of HDFC, NTPC, Bajaj Auto and Hero Motocorp
bucked the trend, gaining 1-2 percent followed by ITC and Axis Bank with 0.4
percent. Most active shares on exchanges were Idea Cellular, Jaiprakash
Associates, TVS Motor, Arvind, Escorts, ICICI Bank and Tata Motors.
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