new Delhi. Stock Market: After the afternoon recovery, the domestic stock market has again reached the red mark. The decline in heavyweight HDFC, Kotak Bank, HDFC Bank, Reliance Industries, Vedanta, L & T stocks has increased the Sensex and Nifty weakness. On the other hand, falling sales from banking, financial services, media, metal, private bank and realty stocks are getting deeper. At the moment, the Sensex is trading 0.22 per cent and the Nifty is 0.22 per cent rolling down.
Midcap and smallcap stocks are also showing weakness with largecap. The BSE mid-cap index was 0.14 per cent, while the Nifty Midcap 100 Index was 0.34 per cent broken. However, BSE’s Smallcap index is showing a growth of 0.11 percent.
Nifty banking, metal, FMCG and realty are showing pressure on the sectoral index. The Bank Nifty is down 0.78 percent and is trading at 27,840.40. In FMCG Index, 0.22 percent, Financial Services 0.71 percent, Metal index 1.67 percent, Media index 0.84 percent and Realty Index declined 1.05 percent. However, the IT and Pharma index are getting an edge.
During the business, Kotak Bank, Reliance Industries, HDFC, HDFC Bank, ICICI Bank, ITC and Vedanta have slipped from 3.35 per cent to 0.28 per cent. However, Sun Pharma, Infosys, Powergrid, Axis Bank, M & M, Asian Paints, Bharti Airtel have increased from 0.41 to 0.94%.