The market has lost further ground as strong selling continued in the selective scrips. The Bank, Power, Metal and Realty stocks are out of favor today. The BSE Midcap and small cap indices are also trading with a deep cut. The BSE Sensex has gone below the 16200 mark and the NSE Nifty slipped below the 4800 mark.

The overall market breadth is negative, as 735 stocks are advancing whereas 1806 stocks that are declining.

Maruti Suzuki reported the top gainer from the BSE Sensex pack. It is trading higher by (2.18%) at Rs.781 while NTPC the top loser down by (4.85%) at Rs.163.90.

At 2.31PM BSE Sensex is at 16,109.38 down by 306.19 points and Nifty is at 4,765.70 down by 104.40 points.

The BSE Mid Cap is lower by 132.17 points to 6,628.37 and the Small Cap dropped by 126.07 points to 8,006.97.

The BSE Auto index is the top gainer trading with a gain of 33.88 points at 4,389.64. The main gainers are Hero Honda up by (5.93%) at Rs.791, TVS Motor increased by (3.02%) at Rs.37.50 followed by Maruti Suzuki inclined by (2.18%) to Rs.781.

The most active shares on NSE are Reliance Industries trading at Rs.2366.70 with a total traded quantity of 1737902 shares followed by Infosys Technologies trading at Rs.1959 with a total traded quantity of 1661948 shares.

Hero Honda Motors is trading higher by (6.03%) at Rs.791.15. The company has reported a 9.54 per cent rise in its motorcycle sales in May at 3,12,317 units as compared with 2,85,109 units in the same month last year. This sharp riese in sales was attributed to the recent launches such as the refreshed Splendor NXG and the 150cc Hunk.

Tags: sensex, sensex live