Indian benchmark indices trimmed most of the early gains with Nifty slipping below 24300 amid selling seen in the IT, FMCG and Infra names.
At 12:40 hours, the 30-share benchmark index was trading at 77674.9 up by 18.81 points or by 0.02 % and then NSE Nifty was at 24290.35 down by -44.2 points or by -0.18 %.
Sensex touched intraday high of 77986.84 and intraday low of 77625.73 The NSE Nifty touched intraday high of 24378.6 and intraday low of 24266.45
The top gainers of the BSE Sensex pack were Kotak Mahindra Bank Ltd. (Rs. 415.55,+3.37%), Axis Bank Ltd. (Rs. 1254.30,+1.36%), UltraTech Cement Ltd. (Rs. 11670.00,+1.17%), ICICI Bank Ltd. (Rs. 1436.75,+0.97%), Bajaj Finserv Ltd. (Rs. 2015.15,+0.96%), among others.
The top losers of the BSE Sensex pack were Infosys Ltd. (Rs. 1121.20,-1.91%), Mahindra & Mahindra Ltd. (Rs. 1569.50,-1.60%), Larsen & Toubro Ltd. (Rs. 4059.95,-1.37%), Bharti Airtel Ltd. (Rs. 1917.65,-1.25%), Power Grid Corporation of India Ltd. (Rs. 267.00,-1.11%), among others.
Bankex index was at 65564.76 up by 415.62 points or by 0.64%. Kotak Mahindra Bank Ltd. (Rs. 415.55,+3.37%), Axis Bank Ltd. (Rs. 1254.30,+1.36%), Canara Bank (Rs. 129.75,+1.17%), ICICI Bank Ltd. (Rs. 1436.75,+0.97%), State Bank of India (Rs. 1056.20,+0.88%),.
TECk index was at 15433.02 down by -187.42 points or by -1.2%. Tata Communications Ltd. (Rs. 1653.00,-2.76%), Infosys Ltd. (Rs. 1121.20,-1.91%), Mahindra & Mahindra Ltd. (Rs. 1569.50,-1.60%), HFCL Ltd. (Rs. 234.30,-1.49%), Indus Towers Ltd. (Rs. 380.65,-1.39%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4450 , shares advanced were 2474 while 1740 shares declined and 236 were unchanged.