Equity benchmark indices Sensex and Nifty were trading lower, dragged by IT stocks amid concerns over the US President Donald Trump's decision to raise H-1B visa fees to USD 1,00,000 per worker.
At 10:38, the 30-share benchmark index was trading at 82504.91 down by -121.32 points or by -0.15 % and then NSE Nifty was at 25305.7 down by -21.35 points or by -0.08 %.
Sensex touched intraday high of 82583.16 and intraday low of 82151.07 The NSE Nifty touched intraday high of 25331.7 and intraday low of 25211.6
The top gainers of the BSE Sensex pack were Bajaj Finance Ltd. (Rs. 1008.35,+1.55%), Eternal Ltd. (Rs. 340.40,+1.14%), Bajaj Finserv Ltd. (Rs. 2080.65,+0.62%), Maruti Suzuki India Ltd. (Rs. 15965.00,+0.59%), Adani Ports & Special Economic Zone Ltd. (Rs. 1435.95,+0.57%), among others.
The top losers of the BSE Sensex pack were Mahindra & Mahindra Ltd. (Rs. 1497.25,-3.65%), Tata Consultancy Services Ltd. (Rs. 3089.00,-2.55%), Infosys Ltd. (Rs. 1502.15,-2.48%), HCL Technologies Ltd. (Rs. 1440.55,-1.83%), Sun Pharmaceutical Industries Ltd. (Rs. 1641.00,-0.91%), among others.
Power index was at 6994.9 up by 123.46 points or by 1.8%. Adani Power Ltd. (Rs. 170.15,+19.99%), Adani Green Energy Ltd. (Rs. 1078.45,+4.59%), Bharat Heavy Electricals Ltd. (Rs. 241.50,+1.66%), Torrent Power Ltd. (Rs. 1273.50,+0.58%), Suzlon Energy Ltd. (Rs. 60.57,+0.35%),.
IT index was at 35085.52 down by -882.91 points or by -2.45%. MphasiS Ltd. (Rs. 2870.55,-4.05%), Persistent Systems Ltd. (Rs. 5288.10,-3.90%), Coforge Ltd. (Rs. 1729.15,-3.68%), Mahindra & Mahindra Ltd. (Rs. 1497.00,-3.67%), Zensar Technologies Ltd. (Rs. 825.95,-3.66%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4219 , shares advanced were 2134 while 1864 shares declined and 221 were unchanged.