Market pare gains; Nifty slips below 24,250
Mumbai, July 30 -- The headline equity benchmarks reversed all early gains and traded with minor losses in mid-afternoon trade, with the Nifty slipping below the 24,250 mark. Trading remained volatile due to the Sensex derivatives expiry today.
Realty shares extended gains for the second consecutive trading session.
At 14:30 IST, the barometer index, the S&P BSE Sensex advanced 58.25 points or 0.08% to 77,596.35. The Nifty 50 index lost 10 points or 0.04% to 24,239.25.
The broader market underperformed the frontline indices. The BSE 150 MidCap Index fell 0.60% and the BSE 250 SmallCap Index dropped 0.93%.
The market breadth was weak. On the BSE, 1,493 shares rose and 2,640 shares fell. A total of 194 shares were unchanged.
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