Global cues subdue equity indices; Sensex down over 250 points (Lead)
Heavy selling pressure on metal capital goods and banking stocks weighed down the indices analysts said.
At 1.25 p.m. the broader Nifty50 of the National Stock Exchange (NSE) traded at 10 616.05 points -- down by 98.25 points or 0.92 per cent from its previous close of 10 714.30 points.
The barometer 30-scrip Sensex on the Bombay Stock Exchange (BSE) which had opened at 35 545.22 points traded at 35 165.29 points (1.25 p.m.) -- lower by 258.19 points or 0.73 per cent from its previous session s close of 35 423.48 points.
Sensex has so far touched a high of 35 578.24 points and a low of 35 106.57 during intra-day trade. The BSE market breadth was bullish with 698 declines and 1 752 advances so far.
The top gainers on the Sensex were Bajaj Auto Asian Paints Infosys IndusInd Bank and Tata Consultancy Services whereas NTPC Bharti Airtel Vedanta Adani Ports and ONGC were the major losers.
On the NSE Bajaj Auto Asian Paints and IndusInd Bank were the highest gainers while Hindalco Industries NTPC and Bharti Airtel lost the most.
--IANS rrb/him/mr