Share market today: The two key equity benchmarks, Sensex and Nifty, on Wednesday are trading lower tracking profit booking in banks and mixed global trends amid volatility. At 9.50 am, the BSE Sensex dropped 44 points to 78,009. On the other hand, the NSE Nifty50 was trading at 23,699, down 22 points.
Stock update
On the 30-share Sensex platform, Tata Steel, M&M, HDFC Bank, JSW Steel, SBI, Titan emerged lower. On the flip side, UltraCemco, Kotak Bank, Reliance, Adani Ports, Tata Motors, NTPC were among the gainers.
In the broader markets, Nifty Smallcap advanced 0.33 per cent while Midcap dropped 0.13 per cent.
Sectoral update
Sectorally, Nifty metal was the top loser, down over 1.26 per cent, followed by healthcare falling 0.68 per cent. Selling can be seen in auto, bank, pharma, FMCG stocks also.
In the previous session on Tuesday, the S&P BSE Sensex closed at 78,053, rising 712 points, while the NSE Nifty50 settled with gains of 183 points at 23,721.
