The markets continued in a negative terrain on Friday's trade, hit by sell-off in realty, metal, FMCG, HDFC group, healthcare and select technology companies' shares along with ONGC and Bharti Airtel.
At 4:30 pm, BSE Sensex was 19007.53 down 39.01 points and Nifty was 5696.50 down 15.1 points.
Nifty continues to violate trade
The benchmark Nifty continued to violated on Friday's trade. heavyweights like Reliance Industries, SBI and ICICI Bank, ahead of their numbers were supporting the markets.
BHEL, NTPC, M&M and Bajaj Auto along with Anil Dhirubhai Ambani Group companies' shares too held the same trend.
At 3:30 pm, the BSE Sensex was 18993.13 down 53.41 points and Nifty was 5694.45 down 16.85 points.
Sensex struggles lower 19K; Tech, FMCG dip
At 12:02 pm, the 50-share NSE Nifty and 30-share BSE Sensex were trying very hard to get back above 5,700 and 19,000 levels, respectively. Respective indices were down 25 points and 88 points to 5,687 and 18,957 88.
Technology, healthcare, FMCG, metal and private financial companies' shares were pulling the markets down, along with Bharti Airtel, ONGC and Maruti.
However, heavyweights like Reliance Industries, BHEL, SBI and NTPC were providing support to markets.
Markets begin on a negative note
On Friday, Jan 21, Indian markets began on a negative note as both NSE Nifty and BSE Sensex was struggling to hold the 5,700 and 19,000 level respectively.
At 10:35 am, the 30-share BSE Sensex was trading at 18,964, down 84 points and the 50-share NSE Nifty slipped 23 points to 5,688.
Technology, metal, FMCG and private financial companies' shares were on sellers' radar whereas capital goods, Anil Dhirubhai Ambani Group and stocks were on buyers' radar.
Sterlite Industries, Hindalco, Power Grid, BPCL, Bharti Airtel, Tata Motors, ICICI Bank, HDFC Bank, Axis Bank, ONGC, Infosys and TCS, who among the frontliners, were under selling pressure.
However, Reliance Industries, BHEL and PNB were trading with 0.7 percent rise ahead of their numbers.