For second straight session Nifty continues to be in bear hug. Bulls put up considerable resistance and Nifty had a lacklustre trading till 2 pm. Then the sell off started and bear momentum gained. Nifty closed 51 points(0.99%) down at 5063.
- HCLTech(3.1%), Jindal Steel(2.26%), TCS(2.09%), Infosys(1.22%) and Bharti Airtel(1.22%) were the top gainers in the Nifty stocks
- Tata Motors(3.77%), Tata Steel(3.59%), SBI(3.51%), HDFC(3.23%) and Cairn(3.13%) were the top losers among the Nifty stocks
- Auto and Banking sectors were the worst hit in the downmove
- India VIX has increased and is now at 26.78
- Index options PCR is at 1.23
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