The Nifty 50 and Sensex opened lower as rising oil prices heightened concerns over the inflation outlook, weighing on investor sentiment.
At 9:40 hours, the 30-share benchmark index was trading at 72191.25 down by -580.47 points or by -0.8 % and then NSE Nifty was at 22625.3 down by -154.95 points or by -0.68 %.
Sensex touched intraday high of 72684.9 and intraday low of 72064 The NSE Nifty touched intraday high of 22753.2 and intraday low of 22624.2
The top gainers of the BSE Sensex pack were Adani Ports & Special Economic Zone Ltd. (Rs. 1752.70,+0.64%), Sun Pharmaceutical Industries Ltd. (Rs. 1846.75,+0.37%), InterGlobe Aviation Ltd. (Rs. 4877.95,+0.26%), among others.
The top losers of the BSE Sensex pack were Bajaj Finance Ltd. (Rs. 966.00,-1.93%), Kotak Mahindra Bank Ltd. (Rs. 395.90,-1.52%), HDFC Bank Ltd. (Rs. 707.95,-1.52%), HCL Technologies Ltd. (Rs. 1237.65,-1.28%), Axis Bank Ltd. (Rs. 1196.00,-1.24%), among others.
HCS index was at 51210.24 up by 97.89 points or by 0.19%. Fermenta Biotech Ltd. (Rs. 550.00,+15.22%), Anlon Healthcare Ltd. (Rs. 36.50,+4.98%), Unichem Laboratories Ltd. (Rs. 563.80,+4.97%), Syncom Formulation (India) Ltd. (Rs. 23.26,+4.77%), Supriya Lifescience Ltd. (Rs. 1016.55,+3.22%),.
_Bankex index was at 60853.56 down by -691.97 points or by -1.12%. IDFC First Bank Ltd. (Rs. 79.08,-1.87%), Canara Bank (Rs. 118.70,-1.82%), Kotak Mahindra Bank Ltd. (Rs. 395.90,-1.52%), HDFC Bank Ltd. (Rs. 707.95,-1.52%), IndusInd Bank Ltd. (Rs. 895.00,-1.42%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3663 , shares advanced were 1138 while 2362 shares declined and 164 were unchanged.