Key equity indices were trading with small losses in early afternoon trade. The Nifty was hovering near 15,300 mark. Indices witnessed profit selling after recent steep gains. PSU banks and media stocks were in demand while pharma and IT shares declined.
At 12:20 IST, the barometer index, the S&P BSE Sensex, fell 115.72 points or 0.22% at 51,988.45. The Nifty 50 index lost 20.80 points or 0.14% at 15,292.65.
In the broader market, the S&P BSE Mid-Cap index rose 0.30% while the S&P BSE Small-Cap index gained 0.79%.
The market breadth was positive. On the BSE, 1,472 shares rose and 1,271 shares fell. A total of 139 shares were unchanged.
Derivatives:
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