Stock market benchmark indices Sensex and Nifty traded on a mixed note on Tuesday following introduction of a new auction mechanism for shares having futures and options (F&O) contracts.
The Closing Auction Session (CAS) became operational in the equity cash segment on Monday, introducing an auction-based mechanism to determine the closing prices of eligible stocks.
At 10:39 hours, the 30-share benchmark index was trading at 78670.26 up by 31.23 points or by 0.04 % and then NSE Nifty was at 24593.8 down by -180.5 points or by -0.73 %.
Sensex touched intraday high of 79143.15 and intraday low of 78662.33 The NSE Nifty touched intraday high of 24703.9 and intraday low of 24589.35
The top gainers of the BSE Sensex pack were Asian Paints Ltd. (Rs. 2799.00,+1.60%), Mahindra & Mahindra Ltd. (Rs. 3426.55,+1.21%), Bharat Electronics Ltd. (Rs. 392.95,+1.18%), Trent Ltd. (Rs. 3070.85,+1.18%), Tata Steel Ltd. (Rs. 191.20,+1.11%), among others.
The top losers of the BSE Sensex pack were Infosys Ltd. (Rs. 1158.70,-0.97%), HDFC Bank Ltd. (Rs. 744.45,-0.88%), Hindustan Unilever Ltd. (Rs. 2104.95,-0.71%), Reliance Industries Ltd. (Rs. 1301.90,-0.54%), Mahindra & Mahindra Ltd. (Rs. 1645.00,-0.30%), among others.
CGS index was at 78570.99 up by 1131.43 points or by 1.46%. KEI Industries Ltd. (Rs. 5388.55,+7.56%), ABB India Ltd. (Rs. 7818.70,+3.42%), Data Patterns (India) Ltd. (Rs. 4580.00,+3.37%), Apar Industries Ltd. (Rs. 15247.55,+3.34%), Siemens Energy India Ltd. (Rs. 3352.35,+3.22%),.
IT index was at 30139.12 down by -110.09 points or by -0.36%. Nintec Systems Ltd. (Rs. 717.20,-4.99%), Quick Heal Technologies Ltd. (Rs. 156.40,-2.25%), 63 Moons Technologies Ltd. (Rs. 878.10,-2.24%), Mastek Ltd. (Rs. 1861.00,-1.68%), Zensar Technologies Ltd. (Rs. 510.60,-1.47%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4074 , shares advanced were 2284 while 1537 shares declined and 253 were unchanged.