Due to profit taking at several front line counters, the market, which came off higher levels earlier this afternoon, has slipped a bit deeper into the red now, and looks headed for a weak close today.
The Sensex, which declined to 19,969.84, is now down 88.96 points or 0.44% at 20,012.86. The Nifty index of the National Stock Exchange is down 25.30 points or 0.4% at 6057, around 15 points off the day's low of 6042.70.
Realty and consumer durables stocks are among the most prominent losers. Though all the sectoral indices are down in the red now, the BSE Realty and Consumer Durables indices are the worst hit, having lost 2.1% and 1.6%, respectively. Capital goods, information technology and metal stocks are mostly down in negative territory.
GAIL India is trading sharply lower, losing around 4.4% at Rs 371. Hindalco
is down with a loss of 2.2%. Tata Motors
, State Bank of India
, Tata Power
, Tata Consultancy Services
, Bharti Airtel
, Larsen & Toubro
, HDFC Bank
, Tata Steel
and Dr Reddy's
Laboratories are down 0.5% - 1.5%.
Sun Pharmaceutical Industries is trading stronger by 1.6%. NTPC
is up by a little over 1.5%. Hindustan Unilever
is up nearly a percent, while Jindal Steel
& Power, Mahindra & Mahindra
, Bajaj Auto
are up with modest gains.
Among the stocks in the Realty index, HDIL
is down as much as 6.9% and Indiabulls Real Estate
is trading lower by nearly 5%.
Anant Raj Industries, DLF
are down 2% - 4%, while Parsvnath Developers
and Prestige Estates are trading lower by 1.7% and 1.2%, respectively. However, Godrej Properties, Sobha Developers
and Oberoi Realty are trading notably higher.
Consumer durables stocks Gitanjali Gems
, Titan Industries
, TTK Prestige
, Videocon Industries
, VIP Industries
are trading lower by 1.2% - 2.8%. Bajaj Electricals
, Blue Star
and Symphony are up in positive territory with smart gains.