MUMBAI: Benchmarks were witnessing a sluggish session due to lack of buying interest in frontline stocks at high levels. Meanwhile, retailers were busy buying stocks from midcaps and smallcaps space available at attractive valuations.
At 1:01 pm, Bombay Stock Exchange’s Sensex was at 20491.83, down 51.25 points or 0.25 per cent. The 30-share index touched a low of 20473.20 and high of 20581.29.
National Stock Exchange’s Nifty was at 6173.60, down 12.85 points or 0.21 per cent. The broader index hit a low of 6166.75 and high of 6197.80.
Amongst the sectoral indices, BSE IT Index was down 0.41 per cent and BSE Bankex moved 0.40 per cent lower. BSE Healthcare Index moved 0.93 per cent higher and BSE Power Index gained 0.65 per cent.
Sensex losers included HDFC (-1.72%), Sterlite Industries (-1.46%), M&M (-1.43%), Infosys Technologies (-0.86%) and Wipro (-0.82%).
Reliance Communications (3.56%), Bharti Airtel (1.49%), Hindalco (1.35%), ACC (1.31%) and HUL (1.29%) were the top gainers.
Market breadth was positive on the BSE with 1737 advances against 1117 declines.
The European markets opened in the red taking cues from tepid global indices. FTSE 100 was down 0.37 per cent, CAC 40 slipped 0.57 per cent and DAX moved 0.47 per cent lower.
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