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The
Indian stock market remained under pressure on the day of expiry of Nifty April
derivative contracts. The Sensex fell 234.98 points to 26990.95 and the Nifty
declined 69.05 points to 8170.70, dragged by FMCG, banking & financials and
technology stocks. The BSE Midcap and Smallcap indices outperformed benchmarks,
down marginally.
Selling
pressure mounts on Dalal Street as the Sensex is down 240.02 points or 0.9
percent at 26985.91. The Nifty is down 67.70 points or 0.8 percent at 8172.05.
About 931 shares have advanced, 1091 shares declined, and 138 shares are
unchanged. Axis Bank, Reliance, ONGC and Sun Pharma are top gainers in the
Sensex. Bharti Airtel, Coal India, HDFC, M&M and Dr Reddy's Labs are major
laggards.
About 813 shares have advanced, 1045 shares declined, and 117 shares are unchanged on the BSE. Shares of HDFC, TCS, HUL, Bharti Airtel, Mahindra & Mahindra, Dr Reddy's Labs and Coal India topped the selling list, down 2-3 percent. ITC, HDFC Bank, Infosys and L&T declined over 1 percent.Selling pressure continues on Dalal Street.
The Sensex has fallen below 27000, at down 227.58 points or 0.8 percent at 26998.35. The Nifty is down 69.85 points or 0.8 percent at 8169.90. About 468 shares have advanced, 751 shares declined, and 101 shares are unchanged. Axis Bank is still up 3 percent while ONGC, SBI and Reliance are major gainers in the Sensex. Among the losers are HDFC, Dr Reddy's Labs, Bharti Airtel, HUL and BHEL.
About 813 shares have advanced, 1045 shares declined, and 117 shares are unchanged on the BSE. Shares of HDFC, TCS, HUL, Bharti Airtel, Mahindra & Mahindra, Dr Reddy's Labs and Coal India topped the selling list, down 2-3 percent. ITC, HDFC Bank, Infosys and L&T declined over 1 percent.Selling pressure continues on Dalal Street.
The Sensex has fallen below 27000, at down 227.58 points or 0.8 percent at 26998.35. The Nifty is down 69.85 points or 0.8 percent at 8169.90. About 468 shares have advanced, 751 shares declined, and 101 shares are unchanged. Axis Bank is still up 3 percent while ONGC, SBI and Reliance are major gainers in the Sensex. Among the losers are HDFC, Dr Reddy's Labs, Bharti Airtel, HUL and BHEL.
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