Key equity indices continued to trade in negative terrain with moderate losses in afternoon trade. The Nifty traded below 21,700 level. Media, oil & gas and PSU bank shares advanced while IT, pharma and healthcare stocks declined.

At 13:26 IST, the barometer index, the S&P BSE Sensex, declined 291.19 points or 0.41% to 71,264. The Nifty 50 index lost 72.35 points or 0.33% to 21,670.90

In the broader market, the S&P BSE Mid-Cap index rose 0.11% and the S&P BSE Small-Cap index gained 0.78%.

The market breadth was positive. On the BSE, 2,169 shares rose and 1,602 shares fell. A total of 101 shares were unchanged.

Economy:

The annual rate of inflation based on all India Wholesale Price Index (WPI) number is 0.27% (Provisional) for the month of January, 2024 (over...

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  (01-Jan-16 08:45)

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  Strong market breadth