Indian benchmarks continued to reel under pressure during the noon trading session amid absence of major domestic and global cues. Asian equities ended mixed on the last day of the week, but trading in the region was subdued with many markets shut for the Lunar New Year holiday.
At 13:25 hours, the 30-share benchmark index was trading at 34220.85 down by 76.62 points or by 0.22 per cent, while the NSE Nifty was at 10517.65 down by 27.85 points or by 0.26 per cent.
In the choppy trade so-far, Sensex touched intraday high of 34508.24 and intraday low of 34127.11 The NSE Nifty touched intraday high of 10612.9 and intraday low of 10493.5.
The top gainers of the BSE Sensex pack were Kotak Mahindra Bank Ltd. (Rs. 1057.35,+1.58%), Tata Consultancy Services Ltd. (Rs. 2962.80,+1.27%), Dr. Reddy's Laboratories Ltd. (Rs. 2221.80,+1.25%), Infosys Ltd. (Rs. 1123.90,+0.88%), Wipro Ltd. (Rs. 293.25,+0.58%), among others.
The top losers of the BSE Sensex pack were YES Bank Ltd. (Rs. 312.45,-2.34%), State Bank of India (Rs. 273.90,-1.78%), Maruti Suzuki India Ltd. (Rs. 8890.00,-1.45%), Tata Motors Ltd. (Rs. 371.50,-1.24%), ICICI Bank Ltd. (Rs. 324.90,-1.13%), among others.
Among the sectors, IT index was at 12162.66 up by 72.3 points or by 0.6%. 8K Miles Software Services Ltd. (Rs. 837.10,+6.31%), Kellton Tech Solutions Ltd. (Rs. 127.10,+3.33%), MindTree Ltd. (Rs. 717.00,+1.95%), Tata Consultancy Services Ltd. (Rs. 2962.80,+1.27%), Hexaware Technologies Ltd. (Rs. 335.45,+1.10%),.
On the flip side, Auto index was at 24870.37 down by -317.48 points or by -1.26%. Motherson Sumi Systems Ltd. (Rs. 325.80,-4.65%), Eicher Motors Ltd. (Rs. 27684.60,-2.25%), Ashok Leyland Ltd. (Rs. 134.85,-1.78%), Maruti Suzuki India Ltd. (Rs. 8890.00,-1.45%), Tata Motors Ltd. (Rs. 371.50,-1.24%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2907 , shares advanced were 788 while 2007 shares declined and 112 were unchanged.