India’s equity market edged lower after a choppy start, with benchmark indices continuing their consolidation amid mixed global cues.
At 14:30 hours, the 30-share benchmark index was trading at 80902.79 down by -470.96 points or by -0.58 % and then NSE Nifty was at 24575.7 down by -140.9 points or by -0.57 %.
Sensex touched intraday high of 81774.23 and intraday low of 80575.09 The NSE Nifty touched intraday high of 24845.1 and intraday low of 24502.15
The top gainers of the BSE Sensex pack were Mahindra & Mahindra Ltd. (Rs. 3054.35,+0.96%), HCL Technologies Ltd. (Rs. 1635.00,+0.20%), among others.
The top losers of the BSE Sensex pack were Adani Ports & Special Economic Zone Ltd. (Rs. 1434.80,-2.28%), Bajaj Finserv Ltd. (Rs. 1993.50,-1.76%), Bajaj Finance Ltd. (Rs. 8994.75,-1.50%), Power Grid Corporation of India Ltd. (Rs. 288.85,-1.42%), UltraTech Cement Ltd. (Rs. 11036.30,-1.36%), among others.
Realty index was at 7628.65 up by 93.95 points or by 1.25%. Sobha Ltd. (Rs. 1527.00,+5.22%), Brigade Enterprises Ltd. (Rs. 1218.55,+3.47%), Signatureglobal (India) Ltd. (Rs. 1257.05,+2.22%), Prestige Estates Projects Ltd. (Rs. 1570.90,+1.94%), Oberoi Realty Ltd. (Rs. 1798.00,+1.73%),.
Power index was at 6740.51 down by -88.04 points or by -1.29%. Suzlon Energy Ltd. (Rs. 68.50,-3.82%), Bharat Heavy Electricals Ltd. (Rs. 254.40,-2.68%), NHPC Ltd. (Rs. 85.55,-2.00%), Adani Power Ltd. (Rs. 545.50,-1.70%), Adani Green Energy Ltd. (Rs. 993.70,-1.49%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4308 , shares advanced were 1876 while 2267 shares declined and 165 were unchanged.