Mumbai, India (BBN) – The BSE benchmark Sensex nosedived over 180 points in the the mid-session deals owing to heavy selling in realty, auto, healthcare and metal stocks.
Disappointing third quarter earnings posted by Tata Motors and Sun Pharma yesterday mainly dampened the trading sentiment, reports The Hindu Business Line.
At 1.30pm, the 30-share BSE index Sensex was down 181.29 points or 0.64 per cent at 28,158.02 and the 50-share NSE index Nifty was down 65.2 points or 0.74 per cent at 8,727.10.
Among BSE sectoral indices, realty index fell the most by 3.1 per cent, followed by auto 2.53 per cent, healthcare 1.53 per cent and metal 1.35 per cent.
Major Sensex losers were Tata Motors (-9.38 per cent), Sun Pharma (-3.58 per cent), Tata Steel (-2.42 per cent), ICICI Bank (-1.6 per cent) and Hero MotoCorp (-1.53 per cent), while the major gainers were ITC (+0.81 per cent), HDFC Bank (+0.79 per cent), M&M (-0.68 per cent), Reliance (-0.45 per cent) and Axis Bank (-0.37 per cent).
The 30-share Sensex fell further by 69.39 points, or 0.24 per cent, to 28,269.92 with auto, realty, healthcare and consumer durables stocks leading the fall.
The gauge had lost 12.31 points in the previous session.
The NSE Nifty fell by 17.10 points, or 0.19 per cent, to 8,775.20.