Key benchmark indices are trading weak in early trade on selling pressure in index pivotals. At 9:25 IST, the barometer index, the S&P BSE Sensex, was down 266.37 points or 0.51% at 52,208.39. The Nifty 50 index was down 109.90 points or 0.7% at 15,689.45. Asian stocks are trading mixed.
The S&P BSE Mid-Cap index was down 1.95%. The S&P BSE Small-Cap index was down 1.43%.
The market breadth, indicating the overall health of the market, is weak. On the BSE, 845 shares rose and 1699 shares fell. A total of 104 shares were unchanged.
In economic data, Wholesale Price Inflation (WPI) and Consumer Price Inflation (CPI) inflation for May 2021 is due today, 14 June 2021.
Read more about Rajasthan announces financial package for kids orphaned by Covid-19 on Business Standard. The Rajasthan government on Saturday announced a financial relief package for the children who lost their parents to the Covid pandemic, fixing an amount Rs 2,500 per month for them till they turn 18
Read more about Barometers trade with small gains; Nifty holds 15,750 mark on Business Standard. The benchmark indices were trading with small gains in afternoon trade. At 13:20 IST, the barometer index, the S&P BSE Sensex, rose 140.04 points or 0.27% at 52,440.51. The Nifty 50 index gained 26.70 points or 0.17% at 15,764.45.
Read more about Nifty hovers above 15,800; breadth remains strong on Business Standard. At 11:23 IST, the barometer index, the S&P BSE Sensex, was up 253.07 points or 0.48% at 52,553.87. The Nifty 50 index was up 66.55 points or 0.42% at 15,804.20.
Read more about Sensex rises 174 pts, Nifty ends near 15,800; Dr Reddy s Lab climbs 3% on Business Standard. Key indices ended with small gains on Friday, supported by firmness in IT pivotals. Metals and pharma stocks were also in demand. Positive global cues boosted sentiment.