The markets collapsed further with Sensex and Nifty down one
percent each. Index heavyweights like RIL, ICICI Bank and SBI are leading the
downfall. The Sensex is currently down by around 140 points at 15735 while
Nifty has slumped 47 points to 4704. In the broader market, the mid-cap and
small-cap indices maintain the weak trend. Both the indices are down one
percent each. On the sectoral front, Bankex and Metal indices have plunged by
almost two percent each. Apart from power, all the major sectoral indices are
trading in the red zone. Market breadth has weakened and two stocks are seen
advancing against five declines. (Pic. Source- bseindia.com)
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