The market breadth was in favour of the declines with 706 stocks advancing while 902 declined and 407 remained unchanged. On the other hand, in the BSE, 984 stocks advanced and 1126 declined and 135 remained unchanged.
The Indian markets on Thursday afternoon were trading on a flat note after the US Fed raised its interest rate yesterday by 25 basis points. The Nifty shed 6 points or 0.05 percent while the Sensex was down 16 points.
Nifty PSU banking index was down 1.5 percent dragged by State Bank of India which shed 2 percent followed by Andhra Bank, Syndicate Bank and Allahabad Bank.
The top Nifty gainers included ONGC which added 2.4 percent while Vedanta was up 2 percent. Reliance Industries, IndusInd Bank and Tata Motors were the other gainers.
The top Nifty losers included BPCL which shed over 3 percent while HPCL, Mahindra & Mahindra, ICICI Bank and State Bank of India were the other top losers.
The most active Nifty stocks included RIL which was up 1.5 percent while Jubilant Food gained 4 percent. Tata Steel, ICICI Bank and Yes Bank were the other active stocks.
Mastek hit new 52-week high in the morning trade while on the other hand 144 stocks hit new 52-week low including names like Cummins India, Gammon Infra, IOC, Mcleod Russel and Reliance Naval among others.
Indiabulls Ventures zoomed 20 percent while NALCO was up 7 percent. The other top Sensex gainers included Hathway, Sundaram Fasteners and Jubilant Food.
The market breadth was in favour of the declines with 427 stocks advancing while 1278 declined and 318 remained unchanged. On the other hand, in the BSE, 729 stocks advanced and 1886 declined and 150 remained unchanged.
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