MUMBAI: Intra-day pull-back rally in Indian indices was short lived as traders pressed sell button after European markets turned weak. FMCG,
realty and banks were the worst hit while auto space was marginally higher.
At 2:15 pm, Bombay Stock Exchange’s Sensex was at 8132.01, down 193.81 points or 2.33 per cent. The index fell to touch new intra-day low of 8123.84 and high of 8259.22.
National Stock Exchange’s Nifty was 2560.95, down 59.20 points or 2.26 per cent. The braoder index touched a low of 2557.35 and high of 2621.25.
Selling intensified in broader markets as well. BSE Midcap Index was down 1.30 per cent and BSE Smallcap Index fell 1.27 per cent.
Biggest Sensex gainers were HDFC (2.75%), Mahindra & Mahindra (0.14%) and Grasim Industries (0.03%).
Losers comprised ITC (-4.82%), DLF (-4.82%), Hindustan Unilever (-4.47%), Hindalco Industries (-4.45%) and State Bank of India (-4.25%).
Market breadth on BSE remained negative with 1517 declines against 757 advances.
European shares fell in early trade led by fall in banking stocks. FTSE 100 was down 0.41 per cent, CAC 40 fell 1.01 per cent and DAX fell 0.38 per cent.
