Sensex down 162 points at 12,204

It was second day of weakness for the markets; the dip was in line with Asian peers.The Sensex closed at 12,204.01 down 162.38 points and the Nifty closed at 3515 down 54 points.

The BSE Small Cap Index closed at 6,155.01 down 40 points.
The BSE Midcap Index ended at 5,127.28 down 34 points.
All the BSE sector indices closed in red.
The BSE Metal Index was down 1.4% to close at 8,441.31. Sesa Goa, SAIL, Jindal Saw, JindalStainless and Tata Steel ended weak.

The BSE IT Index was down 1.4% at 4,299.39. Hexaware Tech, Mphasis BFL, TCS, Satyam, Wipro closed lower.
The BSE Capital Goods Index was down 1.3% at 8,032.61. BHEL, HEG, Dredging, Bharat Elec, Alstom Projects closed lower.
The BSE Oil and Gas Index lost 1% to close at 5,709.11. ONGC, GAIL, Chennai Petro, Reliance Natural and Reliance were among the top losers.

The BSE Bankex was down 1% at 5,956.82. Allahabad Bank, Bank of India, Andhra Bank, HDFC Bank and Federal Bank moved downwards.

The BSE Health Care Index was down 0.8% at 3,614.77. Dr Reddys Labs, Pfizer, Ranbaxy Labs, Nicholas Pirama and Novartis India closed lower.

The BSE FMCG Index slipped 1.1% at 2,026.18. P&G, ITC, Tata Tea, Shaw Wallace and Nirma closed in red.
The BSE Auto Index closed at 5,379.23 down 0.1%. Hero Honda, Exide Industries, MICO, Maruti Udyog and Escorts were among the losers.

The NSE cash turnover was at Rs 7275.19 crore and the NSE F&O turnover was at Rs 27578.08 crore. The BSE cash turnover was Rs 3570.32 crore. Total market wide turnover was at Rs 38423.59 crore.

Markets Today

Markets witness selling pressure in frontline stocks

Sensex down 1.31% or 162.38 points at 12204.01

Nifty down 1.52% or 54.25 points at 3515.35

All BSE Sectoral Indices end in the red

BSE Metal Index down 1.43%; SAIL down 3%, Tata Steel down 2%

BSE IT Index down 1.4%, TCS down 2.6%, Satyam down 2.34%, Wipro down 2%

BSE Cap Goods Index down 1.28%; BHEL down 2.86%, Bharat Elec down 2%

BSE FMCG Index down 1.13%; ITC down 1.62%, HLL down 1%

CNX Midcap Index down 0.53%; selling in mid cap bank stocks

J&K bank down 4.16%, Bank of India, Allahabad Bank, Andgra Bank down over 3% each

BSE Small-Cap Index down 0.64%; GVK Power down 5.26%, Dynamic Tech down 5%