At around 9:48 AM, Sensex was trading at 63,016.15 down by 268.04 points or 0.42%. Nifty 50 performed at 18,732.70 lower by 79.80 points or 0.42%.
On BSE, in terms of sectoral indices, the Auto index dived nearly 150 points. The Banking and FMCG index also slipped over 0.5% each. On the contrary, the Metal and Oil & Gas indexes were top contributors surging marginally.
Bulls on Nifty were – ONGC (+2%) followed by Hindalco, Tech Mahindra, Tata Steel and BPCL with substantial gains.
Bears on Nifty were – Eicher Motors falling over 2% followed by Divis Lab tumbling 1.7%, Hindustan Unilever dropping 1.6% and Bajaj Auto diving 1.4%. Maruti Suzuki shed more than 1%.
Overnight, on the Wall Street, US markets see consolidation after the big move yesterday as Dow Jones closes lower by 194 points while Nasdaq held on to the gains of 14 points.
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