Markets slip in red on account of profit booking
BSE Metal and Capital Goods indices have plunged by nearly 1%
 "Markets slip in red on account of profit booking")
Markets have slipped into negative zone on account of profit booking at higher levels.
By 10:35, the Sensex slipped by 30 points at 19,653 levels whereas the Nifty declined by 7 points at 5,939.
The rupee today lost 22 paise to 54.50 against the dollar in early trade on the Interbank Foreign Exchange due to strengthening of the US currency overseas.
The main losers on the Sensex at this hour include Hindalco, Sterlite, Jindal Steel, Hero Moto, BHEL, L&T and Tata Motors, all falling down between 1-2%.
On the gaining side, Coal India, Sun Pharma, M&M, HDFC and Wipro have gained between 1-2%.
Among others shares, Pantaloon Retail (India) is trading higher by 2.3% at Rs 189 after the debt-ridden company said that it is planning to sell its 22.5% stake in Future Generali Life Insurance to Mumbai-based non-banking finance company Industrial Investment Trust Ltd (IITL).
The market breadth in BSE remains marginally positive with 1,096 shares advancing and 953 shares declining.
By 10:35, the Sensex slipped by 30 points at 19,653 levels whereas the Nifty declined by 7 points at 5,939.
The rupee today lost 22 paise to 54.50 against the dollar in early trade on the Interbank Foreign Exchange due to strengthening of the US currency overseas.
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On the sectoral front, BSE Metal and Capital Goods indices have plunged by nearly 1% each followed by counters like IT, Banks, Consumer Durable and Power, all declining marginally. However, BSE Healthcare, Realty, Oil & Gas, Auto and FMCG indices are trading marginally positive.
The main losers on the Sensex at this hour include Hindalco, Sterlite, Jindal Steel, Hero Moto, BHEL, L&T and Tata Motors, all falling down between 1-2%.
On the gaining side, Coal India, Sun Pharma, M&M, HDFC and Wipro have gained between 1-2%.
Among others shares, Pantaloon Retail (India) is trading higher by 2.3% at Rs 189 after the debt-ridden company said that it is planning to sell its 22.5% stake in Future Generali Life Insurance to Mumbai-based non-banking finance company Industrial Investment Trust Ltd (IITL).
The market breadth in BSE remains marginally positive with 1,096 shares advancing and 953 shares declining.