The Nifty 50 and Sensex opened under pressure, weighed down by rising crude oil prices and growing concerns over a possible US rate hike, which dampened investor risk appetite.
At 9:30 hours, the 30-share benchmark index was trading at 76961.73 down by -302.78 points or by -0.39 % and then NSE Nifty was at 24117.55 down by -58.1 points or by -0.24 %.
Sensex touched intraday high of 77177.27 and intraday low of 76896.93 The NSE Nifty touched intraday high of 24117.55 and intraday low of 24117.55
The top gainers of the BSE Sensex pack were HDFC Bank Ltd. (Rs. 739.45,+2.70%), Eternal Ltd. (Rs. 331.25,+1.07%), ICICI Bank Ltd. (Rs. 1427.45,+0.16%), among others.
The top losers of the BSE Sensex pack were Tata Steel Ltd. (Rs. 182.30,-2.09%), Infosys Ltd. (Rs. 1120.65,-2.01%), NTPC Ltd. (Rs. 325.10,-1.93%), InterGlobe Aviation Ltd. (Rs. 5094.10,-1.71%), Bajaj Finance Ltd. (Rs. 1061.60,-1.43%), among others.
Bankex index was at 64911.22 up by -52.26 points or by -0.08%. HDFC Bank Ltd. (Rs. 739.45,+2.70%), ICICI Bank Ltd. (Rs. 1427.05,+0.13%),.
Metal index was at 42062.09 down by -907.26 points or by -2.11%. Hindustan Zinc Ltd. (Rs. 595.25,-4.25%), National Aluminium Company Ltd. (Rs. 381.00,-3.30%), Hindalco Industries Ltd. (Rs. 1008.50,-2.74%), Adani Enterprises Ltd. (Rs. 3089.85,-2.41%), Tata Steel Ltd. (Rs. 182.30,-2.09%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3595 , shares advanced were 1342 while 2000 shares declined and 253 were unchanged.