Mumbai, July 7 (Inditop.com) A key index of the Indian equities markets was beginning to slide back into the red after logging early morning gains a little after noon Tuesday, and was ruling only 31 points higher than its last closing figure.
At 12.15 p.m., the 30-scrip index of the Bombay Stock Exchange (BSE), the Sensex, which opened higher at 14,103.65 points was at 14,075.28 points – 31.88 points or 0.23 percent above Monday’s closing figure.
Around the same time, the S&P CNX Nifty of the National Stock Exchange (NSE), too, was ruling marginally up by 0.09 percent at 4,169.55 points.
However, broader market indices came under pressure, with the BSE midcap index trading 0.67 percent lower and the BSE smallcap index moving down 1.56 percent.
Of the 13 sectoral indices on the BSE, FMCG, auto and capital goods were ruling at the top, while PSU, energy and realty scrips came under selling pressure.
The market breadth was negative with 743 stocks advancing compared to 1,493 declining. Sixty-eight remained unchanged.
Among gainers on the Sensex at this time were ITC, up 6.4 percent at Rs.210.45; Maruti Suzuki, up 4.56 percent at Rs.1,082.20; M&M, up 4.24 percent at Rs.740.55; and Hero Honda Motors, up 4.07 percent at Rs.1,414.
The losers included Tata Power, down 3.11 percent at Rs.1,067.35; Reliance Industries, down 3.09 percent at Rs.1,835; Reliance Communications, down 3.03 percent at Rs.261.25; and ONGC, down 2.74 percent at Rs.1,041.
In other Asian markets, the Nikkei 225 Stock Average, a key index of the Tokyo stock exchange, closed 33.08 points down to end Tuesday’s trade at 9,647.79 points.
The Hang Seng, a primary index of the Hong Kong stock exchange, was ruling in the green at 18,097.08 points, up 117.67 points.
