Sensex trades lower, Nifty breaks 9,850 despite positive breadth

NIFTY TOP LOSERS

Equity benchmarks fell marginally in morning, with the Nifty breaking 9,850 level on selling pressure in index heavyweights HDFC, HDFC Bank and Reliance Industries.

The 30-share BSE Sensex was down 72.12 points at 31,554.51 and the 50-share NSE Nifty declined 26.55 points to 9,846.05.

IOC, HUL, BPCL, Asian Paints and Dr Reddy’s Labs were top Nifty losers, falling 2-4 percent whereas Vedanta, ONGC, Adani Ports, Indiabulls Housing, Sun Pharma, Tata Steel and Hindalco gained 1-3 percent.

 About three shares advanced for every two shares falling on the BSE.

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Sensex, Nifty rangebound; RBI’s MPC meet outcome awaited Sensex, Nifty continue to be sluggish ahead of RBI policy; Europe mixed
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Epic Research
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