With several front line stocks from across various sectors wilting under pressure and losing ground, the India market looks headed for another weak close.
The Sensex is down with a loss of 156 points or 0.8% at 19,738.98. The Nifty is down 44 points or 0.73% at 5990.75.
Realty stocks continue to trade weak. Bank, metal and information technology stocks too are mostly trading lower. Capital goods stocks, which found some support earlier this afternoon, are off their highs now.
Shares of state run oil marketing firms are trading higher. Automobile, power and FMCG stocks are trading mixed, while consumer durables and healthcare stocks are finding fairly strong support.
Jaiprakash Associates is down 3.7%. DLF is down by around 3.3%. OnGC, Hindalco and Bharti Airtel are trading lower by 2.2% - 2.6%. Hindustan Unilever is down nearly 2%.