The broader markets continued to outperform equity benchmarks, with the Nifty Midcap index trading near its record high level.
The broader markets continued to outperform equity benchmarks, with the Nifty Midcap index trading near its record high level. HDFC and HDFC Bank continued to support the market while RIL, ICICI Bank, ITC, Infosys and L&T were down around a 1% each.
At 2:18 PM, Sensex was down 136 points to 33,588 and the Nifty50 Index slipped 33 points to 10,366. The BSE MidCap Index was down 0.08% and the BSE SmallCap Index advanced 0.01%.
Some buying was seen in metal, FMCG, financial services, banking and auto sectors, while pharma, IT and realty sectors showed weakness on the NSE.
India VIX gained by 0.03% at 13.04 level.
Out of 1,985 stocks traded on the NSE, 982 advanced, 666 declined, and 337 remained unchanged today.
A total of 124 stocks registered a fresh 52-week high in trade today, while eight stocks touched a new 52-week low on the NSE.
Jindal Drilling stock zoomed over 3% after the company has been awarded contract from ONGC for charter hire of Offshore Drilling rig for a period of 3 years.
Bharat 22 ETF made a decent debut on Tuesday on the BSE, as the open-ended exchange traded fund got listed at 36.30/unit on BSE, a 0.91% premium over its issue price of Rs35.97 per unit.
Reliance Communications fell 5% after China Development Bank has become the first lender to file a case against debt-ridden Reliance Communications under the Insolvency and Bankruptcy Code.
Shares of Glenmark Pharmaceuticals slipped 2% after the USFDA issued Form 483 with seven observations for its Baddi plant in Himachal Pradesh, the company said in the BSE filing.
Shares of Rallis India after Franklin Templeton Mutual Fund bought 17.81 lakh shares or 0.9% equity stake at Rs 230 each.
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