The Nifty50 and the Sensex remained under pressure as IT stocks weighed. Investors feared the geopolitical situation could drag on after the US and Iran talks failed, which further exerted pressure.
At 12:30 hours, the 30-share benchmark index was trading at 78596.33 down by -677 points or by -0.85 % and then NSE Nifty was at 24405.85 down by -170.75 points or by -0.69 %.
Sensex touched intraday high of 79031.03 and intraday low of 78442.3 The NSE Nifty touched intraday high of 24515.95 and intraday low of 24352.9
The top gainers of the BSE Sensex pack were Hindustan Unilever Ltd. (Rs. 2393.30,+3.81%), NTPC Ltd. (Rs. 406.05,+2.51%), Eternal Ltd. (Rs. 261.35,+0.77%), Axis Bank Ltd. (Rs. 1387.65,+0.72%), Reliance Industries Ltd. (Rs. 1362.25,+0.64%), among others.
The top losers of the BSE Sensex pack were HCL Technologies Ltd. (Rs. 1284.50,-10.89%), Mahindra & Mahindra Ltd. (Rs. 1406.00,-6.29%), Infosys Ltd. (Rs. 1257.35,-4.25%), Tata Consultancy Services Ltd. (Rs. 2508.00,-3.93%), Mahindra & Mahindra Ltd. (Rs. 3198.10,-1.51%), among others.
Power index was at 8057.09 up by 145.32 points or by 1.84%. ABB India Ltd. (Rs. 7750.00,+6.83%), Siemens Ltd. (Rs. 3870.20,+4.07%), Adani Power Ltd. (Rs. 211.25,+4.04%), CG Power and Industrial Solutions Ltd. (Rs. 830.00,+3.11%), Reliance Power Ltd. (Rs. 29.22,+3.03%),.
IT index was at 29243.45 down by -1390.71 points or by -4.54%. HCL Technologies Ltd. (Rs. 1284.50,-10.89%), GNG Electronics Ltd. (Rs. 373.55,-10.00%), Hexaware Technologies Ltd. (Rs. 456.95,-6.88%), Mahindra & Mahindra Ltd. (Rs. 1406.00,-6.29%), Coforge Ltd. (Rs. 1218.50,-5.76%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4381 , shares advanced were 2337 while 1826 shares declined and 218 were unchanged