Indices remain bearish as IT and Banking stocks drag the most.
BSE Sensex is trading at 51,988.83 down 165.30 points or 0.32%.
Nifty50 is trading at 15,273.40 down 41.30 points or 0.27%. Nifty Bank is trading down 1.17% at 36,870.70 while Mid-cap Index is down by 0.10%.
Power Grid, ONGC, Tata Steel, NTPC and Hindalco are the top gainers while ICICI Bank, Axis Bank, Eicher Motors, Infosys and Nestle India are the top losers.
Nifty Metal stocks (2.75% higher) and PSU bank stocks (1% higher) drive the trade while IT, Banking and Financial Services drag.
Out of 50 stocks traded on the NSE, 21 advanced and 29 declined.
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