Key benchmark indices administered high volatility in the afternoon session with selling pressure gripped across sectors.
The Nifty IT, PSU Bank and Media stocks witness selling. At around 2:55 pm, the Sensex scaled-down 134 points at 40,764, and the Nifty stood at 12.012, down 61 points. The Nifty it stood lower at 14,963.65, down 0.91%
All sectoral Nifty indices are trading in the red with major selling in IT, Media, PSU bank and metals.
In the IT index, NIIT Technologies slipped 2.283% MindTree down 1.57%, Wipro falls 1.34% and HCL Tech down 1.23%
Further, TCS, TechMahidra, and Infosys witness minimum-level selling pressure up to 1%. On the Flipside, JustDial rose 4.16%, followed by Tata Elxsi and Hexaware by 0.51 and 0.34% each. Get the best stock Tips from the experts.
In the 50-scrip of the Nifty, 16 shares witness buying force, while the rest 34 stocks see some selling pressure.
ICICI Bank, Indiabulls Housing, Yes Bank and Reliance were observed as the most active stocks on the NSE. Take best IT stock Tips from the experts.