The stocks after trading in the positive for brief while, fell back into negative on account of selling amid volatility. Auto, banking and metal stocks led the declines while oil & gas and FMCG stocks managed to trade in positive.
BSE Midcap and Smallcap index declined 0.79% and 0.37% respectively.
Indian stock market opened the day on a negative terrain after a fall of 3.81% on the previous working day. The 30-share index, BSE Sensex opened with a loss of 102.63 points, at 9,631.59 on Friday.
In the previous day session, the Sensex settled with a loss of 385.79 points, or 3.81%, while the NSE Nifty declined by 102.30 points, or 3.42%.
Overall market breadth is negative. Out of the total 1,866 stocks traded at BSE, 777 advanced, 1,031 declined while 58 remained unchanged
Major gainers in the 30-share index were ITC (2.40%), NTPC (1.59%), Bharti Airtel (1.02%), ACC (0.72%), Reliance Energy (0.71%), and Housing Development Finance Corporation (0.57%).
On the other hand, Mahindra & Mahindra (5.59%), ICICI Bank (4.64%), Maruti Suzuki India (2.99%), Tata Steel (2.93%), Tata Motors (2.61%), and Ranbaxy Laboratories (2.57%) were the biggest losers in the Sensex.
