The key equity benchmarks traded with moderate losses in early trade. The Nifty traded below the 22,000 level. All the sectoral indices were traded in the red with PSU bank, IT and media stocks decline the most.

At 09:28 IST, the barometer index, the S&P BSE Sensex, was down 460.55 points or 0.64% to 72,028.44. The Nifty 50 index dropped 145.30 points or 0.66% to 21,850.55.

In the broader market, the S&P BSE Mid-Cap index dropped 1.09% while the S&P BSE Small-Cap index fell 0.99%.

The market breadth was weak. On the BSE, 671 shares rose and 2,114 shares fell. A total of 90 shares were unchanged.

Foreign portfolio investors (FPIs) sold shares worth Rs 4,260.33 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 2,285.52 crore in the Indian...

• 

  (01-Jan-16 08:45)

  Market may edge higher in early trade
• 

  (01-Jan-16 08:55)

  Metal stocks may slide on weak Chinese data
• 

  (01-Jan-16 09:34)

  Market drops in early trade
• 

  (01-Jan-16 10:17)

  Strong market breadth