Indices trade with modest losses; oil & gas stocks slide
Mumbai, March 6 -- The frontline indices traded with limited losses in a narrow range in mid-morning trade. The Nifty hovered below the 22,300 level. Oil & gas shares slipped after gaining for the past fourth consecutive trading sessions.
At 11:27 IST, the barometer index, the S&P BSE Sensex, was down 166.91 points or 0.23% to 73,510.22. The Nifty 50 index declined 77.75 points or 0.35% to 22,289.65.
The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index declined 1.74% and the S&P BSE Small-Cap index fell 2.51%.
The market breadth was weak. On the BSE, 623 shares rose and 3,089 shares fell. A total of 100 shares were unchanged.
IPO Update:
The initial public offer (IPO) of Gopal Snacks received 15,55,591 ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.