Nifty trades below 23,650 mark; realty shares decline for 3rd day
Mumbai, July 24 -- The domestic equity benchmarks traded with significant losses in morning trade. The Nifty traded below the 23,650 mark. Realty shares extended losses for third consecutive trading sessions.
At 10:28 ST, the barometer index, the S&P BSE Sensex, tanked 911.09 points or 1.19% to 75,485.03. The Nifty 50 index fell 258.60 points or 1.08% to 23,614.75.
The broader market underperformed the frontline indices, the BSE 150 MidCap Index fell 1.30% and the BSE 250 SmallCap Index shed 1.43%.
The market breadth was weak. On the BSE, 922 shares rose and 2,627 shares fell. A total of 241 shares were unchanged.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, jumped 8.71% to 14.65.
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