Persistent worries over the eurozone debt crisis and slowing growth in China led the key Indian stock indices to give a gap down opening in the early morning session. The undercurrent also became weak after the rupee fell below the 56 per dollar mark this morning. The Sensex is currently trading at 16350 i.e., down by around 80 points and the Nifty is trading near the level of 4960 i.e., down by nearly 30 points. This has led the midcap and the small-cap counters to slip in red. On the sectoral front, the indices are trading mixed. IT index is leading the list of gainers, with gains of 0.4% points while Auto index is leading the list of losers, with losses of nearly three percentage points. Further the market breadth is negative as only three stocks are seen advancing for every five declines.
(Pic. Source- bseindia.com)
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