Benchmark drifts lower; breadth strong
Mumbai, April 25 -- The domestic equity benchmarks traded with moderate losses in early trade. The Nifty traded below 22,350 mark. Realty, FMCG and consumer durables stocks declined while PSU bank, media and oil & gas shares advanced.
At 09:30 IST, the barometer index, the S&P BSE Sensex, was down 164.76 points or 0.23% to 73,686.11. The Nifty 50 index lost 59.65 points or 0.27% to 22,342.75.
The broader market outperformed the frontline indices, the S&P BSE Mid-Cap index rose 0.21% and the S&P BSE Small-Cap index added 0.39%.
The market breadth was strong. On the BSE, 1,804 shares rose and 974 shares fell. A total of 112 shares were unchanged.
Volatility may zoom as traders roll over positions in the F&O segment from the near month A...
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