Sensex Nifty Trade Lower, Most Active Stocks Today

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Indian share markets were trading lower again on Wednesday, tracking sell-off in international markets. Meantime, The Indian rupee traded higher at 71.75/USD against the previous close of 71.88.

On the commodity outlook, Crude prices rose higher as investors took short positions after three days fall in prices. Brent crude advanced 0.8-pc to USD55.37-per barrel, while US WTI crude gained 0.9-pc to USD50.33-/ barrel from the previous closing.

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The BSE benchmark Sensex was down 285-points at 39995-levels and the NSE Nifty-fifty traded lower at 11710-mark, down by 87 points at 9.50-am.

The entire Nifty sectoral indices were trading in the red with Nifty Metal and Nifty Auto, IT, Metal and Realty falling between 0.80 and 0.90 percent, while Banking, financial and media slipped between 0.30 to 0.40 percent each.

SunPharma, Tata Motors, Hindalco, Cipla, and Wipro were among major losers in the Nifty-50 pack of stocks, whereas Hindustan Unilever, Asian paint, PowerGrid, Dr.Reddys Laboratories, and Indian Oil Corp were major gainers.

HDFC, Reliance, State Bank of India, India Bulls Housing Finance, IRCTC, ICICI Bank. Maruti Suzuki and Tata Motors are seen as the most active stocks in the National Stock Exchange.

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