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The
Indian stock market continued to see selling pressure with the Sensex falling
108.77 points to 25290.88 and the Nifty declining 36.70 points to 7722.10 ahead
of first monetary policy of the RBI in financial year 2016-17. The broader
markets too were down with the BSE Midcap and Smallcap indices slipping 0.2
percent each.
The stock market breadth was weak as about 916 shares declined against 732 advancing shares on Bombay Stock Exchange. Adani Ports topped selling list on Sensex, down nearly 3 percent followed by ITC, Tata Motors, Bharti Airtel and GAIL with more than 1 percent loss while HUL gained 1 percent.
The stock market breadth was weak as about 916 shares declined against 732 advancing shares on Bombay Stock Exchange. Adani Ports topped selling list on Sensex, down nearly 3 percent followed by ITC, Tata Motors, Bharti Airtel and GAIL with more than 1 percent loss while HUL gained 1 percent.
Equity benchmarks lost half a percent in early trade Tuesday
on weak Asian cues and ahead of RBI monetary policy. The Sensex fell 127.66
points to 25271.99 and the Nifty declined 37.75 points to 7721.05. ICICI Bank,
Tata Motors, ONGC, M&M, Hindalco, Bank of Baroda, GAIL and Idea Cellular
were early losers, down 1-1.5 percent while BPCL, Power Grid Corp, Dr Reddy's
Labs and HCL Tech were gainers.
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