Indian benchmark indices continued to face strong selling pressure on Thursday afternoon, although the Sensex and Nifty recovered from the session’s deeper losses.
At 14:40 hours, the 30-share benchmark index was trading at 71739.05 down by -741.24 points or by -1.02 % and then NSE Nifty was at 22308 down by -312.45 points or by -1.38 %.
Sensex touched intraday high of 72572.9 and intraday low of 71292.88 The NSE Nifty touched intraday high of 22610.6 and intraday low of 22217.3
The top gainers of the BSE Sensex pack were Infosys Ltd. (Rs. 1025.00,+3.02%), HCL Technologies Ltd. (Rs. 1243.80,+1.20%), Tata Consultancy Services Ltd. (Rs. 2072.50,+1.10%), HDFC Bank Ltd. (Rs. 716.55,+0.97%), among others.
The top losers of the BSE Sensex pack were Maruti Suzuki India Ltd. (Rs. 11392.00,-4.66%), Tata Steel Ltd. (Rs. 177.25,-4.01%), Mahindra & Mahindra Ltd. (Rs. 2837.30,-3.74%), ITC Ltd. (Rs. 255.95,-2.96%), Adani Ports & Special Economic Zone Ltd. (Rs. 1736.55,-2.77%), among others.
The top gainers of the NSE Nifty pack were HDFC Life Insurance Company Ltd. (Rs. 532.80,+2.23%), Infosys Ltd. (Rs. 1008.85,+1.48%), HDFC Bank Ltd. (Rs. 715.15,+0.91%), SBI Life Insurance Company Ltd. (Rs. 1707.10,+0.63%), HCL Technologies Ltd. (Rs. 1234.70,+0.38%), among others.
IT index was at 27057.37 up by 338.82 points or by 1.27%. Mphasis Ltd. (Rs. 2252.40,+4.33%), Coforge Ltd. (Rs. 1820.00,+3.88%), Infosys Ltd. (Rs. 1025.00,+3.02%), Onward Technologies Ltd. (Rs. 294.00,+2.91%), DC Infotech and Communication Ltd. (Rs. 342.75,+2.57%),.
Auto index was at 56155.44 down by -2006.15 points or by -3.45%. Bajaj Auto Ltd. (Rs. 10033.50,-7.61%), UNO Minda Ltd. (Rs. 1112.40,-5.84%), Maruti Suzuki India Ltd. (Rs. 11392.00,-4.66%), Samvardhana Motherson International Ltd. (Rs. 156.95,-3.89%), Mahindra & Mahindra Ltd. (Rs. 2837.30,-3.74%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4815 , shares advanced were 1119 while 3470 shares declined and 226 were unchanged.