It’s a negative start on the market on this Friday morning as tepid global cues weighed on indices.
There’s all-round selling among all sectors, with banks, pharmaceuticals, automobiles and FMCG dragging the most. In the broader markets, midcaps, too, are trading weak, down one-third of a percent.
Among stocks, Bajaj Auto, Hero MotoCorp, and GAIL are the top gainers, while Sun Pharma and ICICI Bank have lost the most. Sun Pharma and Cadila are under pressure due to regulatory pressures and are trading 3-5 percent lower.
The Sensex is down 160.22 points or 0.42% at 38082.59, and the Nifty down 48.50 points or 0.42% at 11488.40. The market breadth is negative as 478 shares advanced, against a decline of 527 shares, while 55 shares were unchanged.
Missed call
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