Indian benchmark indices traded largely flat with a negative bias on Wednesday afternoon, as losses in IT, consumer durables, FMCG and infrastructure stocks offset gains in banking and metal counters.
At 14:30 hours, the 30-share benchmark index was trading at 77598.52 down by -57.57 points or by -0.07 % and then NSE Nifty was at 24275.6 down by -58.95 points or by -0.24 %.
Sensex touched intraday high of 77986.84 and intraday low of 77545.07 The NSE Nifty touched intraday high of 24378.6 and intraday low of 24253.6
The top gainers of the BSE Sensex pack were Kotak Mahindra Bank Ltd. (Rs. 415.55,+3.37%), UltraTech Cement Ltd. (Rs. 11702.65,+1.45%), Axis Bank Ltd. (Rs. 1253.50,+1.29%), ICICI Bank Ltd. (Rs. 1435.00,+0.84%), Bajaj Finserv Ltd. (Rs. 2011.70,+0.79%), among others.
The top losers of the BSE Sensex pack were Infosys Ltd. (Rs. 1121.20,-1.91%), Mahindra & Mahindra Ltd. (Rs. 1571.80,-1.45%), Bharti Airtel Ltd. (Rs. 1915.10,-1.39%), Larsen & Toubro Ltd. (Rs. 4064.50,-1.26%), Power Grid Corporation of India Ltd. (Rs. 266.75,-1.20%), among others.
Metal index was at 42906.08 up by 352.53 points or by 0.83%. Hindustan Zinc Ltd. (Rs. 626.00,+5.78%), NMDC Ltd. (Rs. 87.96,+2.76%), Steel Authority of India (SAIL) Ltd. (Rs. 189.10,+2.66%), Jindal Steel Ltd. (Rs. 1172.95,+1.73%), Adani Enterprises Ltd. (Rs. 3134.90,+0.91%),.
TECk index was at 15433.93 down by -186.51 points or by -1.19%. Tata Communications Ltd. (Rs. 1655.80,-2.60%), Infosys Ltd. (Rs. 1121.20,-1.91%), Indus Towers Ltd. (Rs. 379.95,-1.57%), Mahindra & Mahindra Ltd. (Rs. 1571.80,-1.45%), Bharti Airtel Ltd. (Rs. 1915.10,-1.39%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4643 , shares advanced were 2440 while 1964 shares declined and 239 were unchanged.