Equity market indices are bearish on Wednesday, tracking weak global cues.
BSE Sensex is currently trading 48,700.11 down 461.7 points or 0.94%.
Nifty50 is currently 14,716.60 down 134.15 points or 0.9%. Nifty Bank is trading down 1.04% at 32,529.90 while Mid-cap Index is down by 0.49%.
Power Grid, Larsen & Turbo, NTPC, Tata Motors, and Divis Lab are the top gainers while Shree Cement, Hindustan Unilever, IndusInd Bank, Tech Mahindra and HDFC are the top losers.
Nifty IT, Banking and Financial Services drag the most while only PSU Bank stocks surge 2% higher.
Out of 50 stocks traded on the NSE, 12 advanced and 38 declined.
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