BSE Sensex and Nifty struggled today in afternoon trade amid selling pressure in banking, reality and capital goods stocks.
At 1:37 p.m., the Sensex was down 58 points to 25,823 while Nifty fell 20 points to 7,706.30.
The selling pressure was much stronger in midcap and smallcap stocks. BSE midcap and smallcap stocks indices were down over 2 per cent.
The BSE realty index slumped over 5 per cent with Unitech, Anant Raj Ltd and Indiabulls Real Estate plunging over 10 per cent.
Market had struggled for most part of today's session after economic data released after market hours yesterday showed industrial output slowed in June, though expanding for a third straight month. Retail inflation, tracked by the central bank to set interest rate policy, edged up to 7.96 per cent in July from 7.31 per cent a month earlier.
Among other Nifty losers, BHEL fell over 8 per cent after April-June earnings lagged estimates. Shares in Bank of Baroda fell over 4 per cent after RBI said foreign shareholding in the lender has reached the trigger limit.
BSE Sensex and Nifty struggled today in afternoon trade amid selling pressure in banking, reality and capital goods stocks.
At 1:37 p.m., the Sensex was down 58 points to 25,823 while Nifty fell 20 points to 7,706.30.
The selling pressure was much stronger in midcap and smallcap stocks. BSE midcap and smallcap stocks indices were down over 2 per cent.
The BSE realty index slumped over 5 per cent with Unitech, Anant Raj Ltd and Indiabulls Real Estate plunging over 10 per cent.
Market had struggled for most part of today's session after economic data released after market hours yesterday showed industrial output slowed in June, though expanding for a third straight month. Retail inflation, tracked by the central bank to set interest rate policy, edged up to 7.96 per cent in July from 7.31 per cent a month earlier.
Among other Nifty losers, BHEL fell over 8 per cent after April-June earnings lagged estimates. Shares in Bank of Baroda fell over 4 per cent after RBI said foreign shareholding in the lender has reached the trigger limit.
BSE Sensex and Nifty struggled today in afternoon trade amid selling pressure in banking, reality and capital goods stocks.
At 1:37 p.m., the Sensex was down 58 points to 25,823 while Nifty fell 20 points to 7,706.30.
The selling pressure was much stronger in midcap and smallcap stocks. BSE midcap and smallcap stocks indices were down over 2 per cent.
The BSE realty index slumped over 5 per cent with Unitech, Anant Raj Ltd and Indiabulls Real Estate plunging over 10 per cent.
Market had struggled for most part of today's session after economic data released after market hours yesterday showed industrial output slowed in June, though expanding for a third straight month. Retail inflation, tracked by the central bank to set interest rate policy, edged up to 7.96 per cent in July from 7.31 per cent a month earlier.
Among other Nifty losers, BHEL fell over 8 per cent after April-June earnings lagged estimates. Shares in Bank of Baroda fell over 4 per cent after RBI said foreign shareholding in the lender has reached the trigger limit.
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