Markets continue to trade in the negative, Sensex touches 19,723
December, 08th 2010
The markets continue to trade in the negative. The Sensex had touched a low of 19,723 in the early morning trades. The index is currently down 200 points at 19,733.The Nifty is down 58 points at 5,918. The broader markets too have slipped. The smallcap index is down 0.8% while the midcap index extended losses and is currently trading 0.7% in the negative.
Among the sectoral indices, Health Care is the only index in the green. Bankex and Metal down 1% each continue to languish at the bottom of the chart. Meanwhile, Oil & Gas is trading flat at 10,480.
The gainers on the Sensex are ONGC up 1% followed by Bharti Airtel, DLF and ITC gaining 0.1- 0.6%
HDFC Bank and Hindalco down 3% is the top loser on the Sensex. HDFC, Tata Motors and Jindal Steel losing 2% each are the other noteable losers.
The market breadth is negative. 1707 stocks have declined while 845 have advanced.