Markets weak on profit booking
Markets weak on profit booking
The market is marginally down on profit booking. The Sensex is down 13.98 points. The Nifty is down 6.45 points at 3567.050.

New Delhi: The market is marginally down on profit booking. At 1118 hours IST, the Sensex was down 13.98 points at 12024.59. The Nifty was down 6.45 points at 3567.050.

However, the CNX Midcap was up 27.05 points at 4982.23.

The market breadth is negative, about 964 shares have advanced, 1144 shares declined, and 65 shares are unchanged.

Satyam, Hindalco, Reliance, ONGC, Tata Steel, NTPC, SBI, Sail and Nalco are the top losers on the indices.

The BSE Metal Index is down 1.91 per cent as selling is seen in Hind Zinc, Hindalco, JSW Steel, Welspun Guj and Sterlite Ind.

Oil & gas stocks like MRPL, Reliance, ONGC, Chennai Petro and Petronet LNG are also down. The BSE Oil & Gas index is down 1.01 per cent.

Technology stocks including Satyam, Moser Baer, Patni Computer, Wipro, Mphasis BFL and I-Flex Solution are also down.

Howerver, auto, bank, consumer durables, capital goods, FMCG and pharma stocks have gained.

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