Mumbai, Oct. 8 -- Domestic equity benchmarks hovered near the flatline with negative bias in mid-afternoon trade, as profit booking weighed on sentiment. Investors remained focused on quarterly business updates and ongoing IPO activity, while awaiting Q2 results from TCS. The Nifty traded below the 25,100 level.
Media shares witnessed selling pressure for third consecutive trading session.
At 13:25 IST, the barometer index, the S&P BSE Sensex shed 49.58 points or 0.06% to 81,877.17. The Nifty 50 index lost 45.45 points or 0.16% to 25,064.35.
The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index dropped 0.58% and the S&P BSE Small-Cap index slipped 0.28%.
The market breadth was negative. On the BSE, 1,752 s...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.