Indices continue to trade in deep red despite trimming losses; Auto and Metak stocks tumble over 2%.
BSE Sensex is currently 559,702.21 down 306.12 points or 0.51%.
Nifty50 is currently 17,774.70 down 123.95 points or 0.69%. Nifty Bank is 37,888.60 down 0.40%. Mid-cap Index is down 1.41%.
Power Grid, IOC, Asian Paints, Reliance and State Bank of India are the top gainers. Tata Motors, M&M, Tata Steel, IndusInd Bank and HCL Tech are the top losers.
Nifty Auto and Metal stocks sink over 2% amid bearish markets on Thursday. PSU Bank stocks trade marginally higher.
Out of 50 stocks traded on the BSE, 8 advanced, and 42 declined.