The top five losers were SSLT, Hindalco, SBI, HDFC and Jindal Steel
Reuters
Mumbai: The Sensex and the Nifty were trading down by over 0.3 per cent in the afternoon session on Wednesday amid firm Asian cues. At 1.00 p.m., the 30-share BSE index Sensex was down 79.52 points (0.38 per cent) at 20,895.27 and the 50-share NSE index Nifty was down 30.6 points (0.49 per cent) at 6,222.55.
On the BSE, power, IT, TECk and healthcare indices remained investors' favourite and were up 1.2 per cent, 1.1 per cent, 0.73 per cent and 0.6 per cent, respectively. On the other hand, realty, banking, metal and consumer durables indices succumbed to selling pressure and were down 1.46 per cent, 1.34 per cent, 1.26 per cent and 0.71 per cent, respectively.
NTPC, TCS, Sun Pharma, Coal India and Infosys were the top five Sensex gainers, while the top five losers were SSLT, Hindalco, SBI, HDFC and Jindal Steel. European stock index futures rose with the euro before the regional central bank’s policy meeting tomorrow. Asian shares were up as the yen weakened against all its major peers.
US stocks had ended lower on Tuesday as US services industry growth fuelled speculation that the Federal Reserve will taper its $85-billion-a-month bond-buying programme earlier than previously expected. The market is likely to get further cues on Friday when the weekly US jobs data will be released.
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