Indices continue to struggle with metal, auto and banking stocks under selling pressure.
BSE Sensex is currently trading at 49,494.43 down 557.01 points or 1.11%
Nifty50 is currently trading 14,638.50 down 176.25 points or 1.19%. Nifty Bank is trading down 1.91% at 33,531.95 while Mid-cap Index is down by 1.70%.
Cipla, Asian Paints, Power Grid, Sun Pharma and Divis Lab are the top gainers while Tata Steel, Mahindra & Mahindra, Adani Ports, Hindalco and L&T are the top losers.
Nifty Metal, Auto, Banking and Financial Services stocks continue to drag the indices while Pharma stocks rise ~1%.
Out of 50 stocks traded on the NSE, 9 advanced and 41 declined.
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