Domestic bourses continued to trade lower during the late noon trading session dragged mainly by selling pressure in BFSI stocks despite gains in global peers. Investor sentiments continued to weigh amid uncertainty over Covid 19 pandemic and its economic impact. With fresh cases of CoronaVirus rising day by day, concerns over looming economic recession are keeping investors on edge .
At 14:45 hours, the 30-share benchmark index was trading at 27612.65 down by -652.66 points or by -2.31 % and then NSE Nifty was at 8081.95 down by -171.85 points or by -2.08 %.
Sensex touched intraday high of 28639.12 and intraday low of 27500.79 The NSE Nifty touched intraday high of 8356.55 and intraday low of 8055.8
The top gainers of the BSE Sensex pack were Sun Pharmaceutical Industries Ltd. (Rs. 373.20,+8.63%), ITC Ltd. (Rs. 180.50,+8.51%), Oil And Natural Gas Corporation Ltd. (Rs. 70.50,+7.22%), Mahindra & Mahindra Ltd. (Rs. 282.20,+3.50%), Mahindra & Mahindra Ltd. (Rs. 522.00,+2.11%), among others.
The top losers of the BSE Sensex pack were ICICI Bank Ltd. (Rs. 284.40,-8.69%), Axis Bank Ltd. (Rs. 327.35,-8.68%), IndusInd Bank Ltd. (Rs. 317.10,-7.36%), Titan Company Ltd. (Rs. 869.60,-7.17%), State Bank of India (Rs. 175.90,-5.73%), among others.
Among the sectors, Oil&Gas index was at 10050.84 up by 242.97 points or by 2.48%. Oil And Natural Gas Corporation Ltd. (Rs. 70.50,+7.22%), GAIL (India) Ltd. (Rs. 80.90,+6.80%), Bharat Petroleum Corporation Ltd. (Rs. 321.25,+5.95%), Indraprastha Gas Ltd. (Rs. 406.50,+3.91%), Hindustan Petroleum Corporation Ltd. (Rs. 188.50,+2.17%),.
Bankex index was at 19673.99 down by -1205.56 points or by -5.77%. RBL Bank Ltd. (Rs. 112.50,-14.35%), ICICI Bank Ltd. (Rs. 284.40,-8.69%), Axis Bank Ltd. (Rs. 327.35,-8.68%), IndusInd Bank Ltd. (Rs. 317.10,-7.36%), City Union Bank Ltd. (Rs. 112.45,-6.25%),
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2523 , shares advanced were 1189 while 1154 shares declined and 180 were unchanged.