The Sensex declined 62.13 points to 28441.17 and the Nifty dropped 21.10 points to 8626.65 led by index heavyweights HDFC, ICICI Bank and Reliance Industries.
The BSE Midcap and Smallcap indices lost 0.5 percent each. The market breadth was weak too. About 743 shares have advanced, 1208 shares declined, and 144 shares are unchanged on the Bombay Stock Exchange.
Shares of NTPC, Cipla, Bharti Airtel, Mahindra & Mahindra, GAIL and Hindalco Industries slipped 1-2.5 percent. Sesa Sterlite dropped over 3 percent. Reliance Industries and ICICI Bank declined nearly a percent.
The BSE Midcap and Smallcap indices lost 0.5 percent each. The market breadth was weak too. About 743 shares have advanced, 1208 shares declined, and 144 shares are unchanged on the Bombay Stock Exchange.
Shares of NTPC, Cipla, Bharti Airtel, Mahindra & Mahindra, GAIL and Hindalco Industries slipped 1-2.5 percent. Sesa Sterlite dropped over 3 percent. Reliance Industries and ICICI Bank declined nearly a percent.
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