Mumbai, Oct 29 (Inditop.com) Benchmark indices at Indian equity markets continued to languish in the negative terrain as selling continued across the board, with realty, metal, auto and banking stocks bearing the brunt of it.
Around 1.11 p.m., the 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened lower at 16,191.39 points was ruling at 16,073.15 points, 1.29 percent or 210.34 points below Wednesday’s close at 16,283.49 points.
Around the same time, the S&P CNX Nifty of the National Stock Exchange (NSE) was also in the red at 4,761.7 points, down 1.34 percent from its last close.
Selling was rampant across the market, with broader market indices ruling deeper in the red. The BSE midcap index was 1.73 percent down, while the BSE small cap index was trading 1.47 percent lower.
The market breadth was negative, with 677 stocks advancing, 1,860 declining and 61 remaining unchanged.
Among the gainers this time on the Sensex were Sun Pharma, up 2.05 percent; Hindustan Unilever, up 1.61 percent; Tata Power, up 1.21 percent and Wipro, 0.63 percent.
Among the losers were DLF, down 4.57 percent; Reliance Communications, down 4.48 percent; Tata Motors, down 3.93 percent and Jaiprakash Associates, down 3.73 percent.
Asian markets were also in the red for the third consecutive day.
The primary index of the Hong Kong Stock Exchange, Hang Seng, was ruling 557.99 points or 2.56 percent lower at 21,203.59 points.
At the Shanghai Stock Exchange, the composite index was ruling 1.6 percent down at 2,982.81 points.
The Kospi, the benchmark index of the Korean Stock Exchange, was also in the red at 1,585.85 points, down 23.86 points or 1.48 percent.
The Nikkei, a key index of the Tokyo Stock Exchange, closed 183.95 points or 1.83 percent lower at 9,891.1 points.
