The Nifty50 index pared gains to end in negative zone after hitting record highs earlier in the session as as Yes Bank droped nearly 10% on concerns over bad loans.
Yes Bank posts biggest one-day fall in nearly 2 years after Q2 earnings.
At 3:30 PM, the S&P BSE Sensex ended at 33,157, up by 10 points, while NSE Nifty ended at 10,323, down by 21 points.
The BSE Mid-cap Index is closed up by 0.28% at 16,379 whereas BSE Small-cap Index is trading up by 0.27% at 17,303.
Bajaj Finance, Adani Ports, Sun Pharma, ONGC, and Tata Motors are among the gainers, whereas Infratel, YES Bank, IOC, HPCL and Bharti Airtel are losing steam on NSE.
Some buying is seen in Basic Materials, Healthcare, Industrials, Auto, Utilities, and Capital Goods, while Energy, Telecom, Bank, and Oil & Gas sectors show weakness on the BSE.
The INDIA VIX is down by 2.47% at 11.33.
BSE Telecom index down by 4%; Infratel (-6%), Bharti Airtel(-4%), Idea(-3%).
Nifty FMCG index up by 1.5%; UBL (+5%), ITC(+2.5%), Emami(+4%), Godrej (+2%)
Adani Ports up by 4.5% post technical channel pattern breakout above 421 levels.
Pharma Index up by 2%; Sun Pharma(+3.5%), Aurobindo Pharma (+2.5%), Cadila(+2%).
Out of 1,972 stocks traded on the NSE, 1,007 advanced, 670 declined, and 295 remained unchanged today.
A total of 87 stocks registered a fresh 52-week high in trade today, while 18 stocks touched a new 52-week low on the NSE.