Pharmaceuticals and FMCG stocks are finding some support on the Indian bourses even as the mood remains quite subdued this afternoon amid a lack of triggers. Shares from energy, infrastructure, information technology, metal and realty sectors are trading weak.
The BSE benchmark Sensex is down with a loss of 15.02 points or 0.08% at 19,676.40.
The Nifty index of the National Stock Exchange is down 11.25 points or 0.19% at 5977.15.
Among the losers in the Sensex, Infosys, Jindal Steel & Power, Tata Steel, Hindaoco, Sterlite Industries, Hero Motocorp, Larsen & Toubro, Wipro and GAIL India are down 1% - 2%.
Tata Power, ONGC, Hindustan Unilever, ICICI Bank, Maruti Suzuki, BHEL and Reliance Industries are also trading weak.
Among the gainers, ITC is up 1.9%, Cipla, Sun Pharmaceutical Industries and Dr Reddy's Laboratories are trading higher by 1% - 1.4%, HDFC is up by a little over 1% and Mahindra & Mahindra, Bharti Airtel, State Bank of India and Tata Consultancy Services are up 0.5% - 1%.
Glenmark Pharmaceuticals, IRB Infrastructure, Uco Bank, Reliance Communications, Oracle Financial Services, Jain Irrigation Systems, Torrent Pharma and Marico are up in positive territory, gaining 2% - 3.6%.
Jet Air India is down 3.6%. Indiabulls Financial Services, Titan Industries, Mangalore Refineries & Petrochemicals, JP Infratech, Hindustan Petroleum Corporation, SAIL, Adani Ports, Videocon Industries and IDFC are all trading lower by 2% - 3.5%.