The headline equity indices traded with moderate losses in morning trade. The Nifty slipped below the 22,300 level. Auto advanced after declining in the previous trading session.

At 10:27 IST, the barometer index, the S&P BSE Sensex, was down 417.41 points or 0.57% to 73,454.88. The Nifty 50 index declined 109.70 points or 0.49% to 22,295.05.

In the broader market, the S&P BSE Mid-Cap index shed 0.20% and the S&P BSE Small-Cap index declined 0.55%.

The market breadth was weak. On the BSE, 1,283 shares rose and 2,256 shares fell. A total of 197 shares were unchanged.

Economy:

The seasonally adjusted HSBC India Services Business Activity Index registered 60.6 in February, down from 61.8 in January. Despite having slipped, the headline index was comfortably above ...

• 

  (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