Indian stock market benchmarks traded lower on Tuesday despite a strong rally in IT stocks.
At 11:40 hours, the 30-share benchmark index was trading at 74655.12 down by -126.64 points or by -0.17 % and then NSE Nifty was at 23345.4 down by -52.7 points or by -0.23 %.
Sensex touched intraday high of 75436.44 and intraday low of 74583.55 The NSE Nifty touched intraday high of 23592.85 and intraday low of 23323.75
The top gainers of the BSE Sensex pack were HCL Technologies Ltd. (Rs. 1281.90,+6.21%), Tata Consultancy Services Ltd. (Rs. 2315.70,+5.16%), Infosys Ltd. (Rs. 1084.70,+4.48%), Mahindra & Mahindra Ltd. (Rs. 1607.40,+4.41%), HDFC Bank Ltd. (Rs. 720.55,+1.77%), among others.
The top losers of the BSE Sensex pack were Bharat Electronics Ltd. (Rs. 390.65,-3.66%), Titan Company Ltd. (Rs. 4897.75,-2.14%), UltraTech Cement Ltd. (Rs. 10771.95,-2.04%), Bajaj Finserv Ltd. (Rs. 1879.50,-1.97%), InterGlobe Aviation Ltd. (Rs. 4881.00,-1.87%), among others.
IT index was at 28861.46 up by 1037.98 points or by 3.73%. eMudhra Ltd. (Rs. 593.60,+19.99%), Quick Heal Technologies Ltd. (Rs. 164.85,+12.03%), Zensar Technologies Ltd. (Rs. 466.80,+9.80%), HCL Technologies Ltd. (Rs. 1281.90,+6.21%), Sonata Software Ltd. (Rs. 281.05,+5.72%),.
CGS index was at 75432.96 down by -2107.1 points or by -2.72%. Data Patterns (India) Ltd. (Rs. 4565.90,-5.52%), GE Vernova T&D India Ltd. (Rs. 4314.00,-5.08%), CG Power and Industrial Solutions Ltd. (Rs. 869.90,-4.41%), Timken India Ltd. (Rs. 3161.20,-4.22%), Bharat Electronics Ltd. (Rs. 390.65,-3.66%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4595 , shares advanced were 1485 while 2855 shares declined and 255 were unchanged.