Domestic equity markets inched lower in Thursday's intra-day trade, as global sentiments turned weaker after the US Federal Reserve indicated another rate hike this year post a 25 basis point increase in March meeting.
At 10:40 hours, the 30-share benchmark index was trading at 58165.1 down by -49.49 points or by -0.09 % and then NSE Nifty was at 17153.7 up by 1.8 points or by 0.01 %.
Sensex touched intraday high of 58277.81 and intraday low of 57838.85 The NSE Nifty touched intraday high of 17172 and intraday low of 17045.3
The top gainers of the BSE Sensex pack were Nestle India Ltd. (Rs. 19050.00,+1.25%), Tata Motors Ltd. (Rs. 421.00,+1.19%), Maruti Suzuki India Ltd. (Rs. 8349.55,+1.19%), Axis Bank Ltd. (Rs. 858.00,+1.00%), Bharti Airtel Ltd. (Rs. 761.60,+0.87%), among others.
The top losers of the BSE Sensex pack were Asian Paints Ltd. (Rs. 2790.00,-1.75%), HCL Technologies Ltd. (Rs. 1068.80,-1.15%), Reliance Industries Ltd. (Rs. 2253.60,-1.01%), Infosys Ltd. (Rs. 1376.00,-0.97%), Wipro Ltd. (Rs. 363.20,-0.89%), among others.
Power index was at 3690.65 up by 40.29 points or by 1.1%. Adani Transmission Ltd. (Rs. 1084.25,+5.00%), Adani Green Energy Ltd. (Rs. 982.45,+5.00%), Adani Power Ltd. (Rs. 207.35,+1.72%), ABB India Ltd. (Rs. 3334.55,+0.71%), CG Power and Industrial Solutions Ltd. (Rs. 295.80,+0.60%),.
_IT index was at 27834.39 down by -212.8 points or by -0.76%. Vakrangee Ltd. (Rs. 17.43,-5.94%), Persistent Systems Ltd. (Rs. 4369.90,-2.73%), Black Box Ltd. (Rs. 92.00,-2.28%), L&T Technology Services Ltd. (Rs. 3347.90,-1.81%), LTIMindtree Ltd. (Rs. 4574.60,-1.65%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3404 , shares advanced were 1752 while 1485 shares declined and 167 were unchanged.