After staging a smart recovery and very nearly bouncing back into positive territory, the market has faltered this afternoon following a fresh round of selling in several front line stocks from across various sectors.
The Sensex is now down 97.80 points or 0.53% at 18,411.90. The Nifty is down with a loss of 31.95 points or 0.57% at 5542.80.
FMCG, power, capital goods, bank and realty stocks are trading weak. Information technology, metal and PSU stocks are trading flat. Automobile stocks are mixed, while healthcare and oil stocks are trading higher.
NMDC is down 4.3% at Rs 124.90. HDFC is down with a loss of 3.3% and NTPC is trading lower by around 3.2%. IDFC, ITC, Ambuja Cements, ICICI Bank, Bharti Airtel, Tata Motors, DLF and Axis Bank are down 1.5% - 3%.