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Sensex slips in red; pharma, power, oil & gas down

MUMBAI:
The Sensex pared intraday gains and slipped in the negative terrain on Monday, following weak opening of the European peers. All the major sectoral indices, barring the auto space, were in the red with pharmaceuticals, power and oil & gas leading the decline.

At 02:40 pm, the 30-share index was at 19,746.73, down 34.46 points or 0.17 per cent. The index touched a high of 19,902.60 and a low of 19,743.04 in trade today.

The Nifty was at 5,990.35, down 8.55 points or 0.14 per cent. It touched a high of 6,038.50 and a low of 5,985.05 in trade today.

The BSE Midcap Index was down 0.66 per cent and the BSE Smallcap Index declined 0.51 per cent.

The BSE Healthcare Index was down 1.19 per cent, the BSE Power Index was 1.16 per cent lower, the BSE Oil & Gas Index declined 1.10 per cent and the BSE Metal Index was 0.94 per cent lower. The BSE Auto Index was up 0.32 per cent.

CiplaBSE -2.64 % (0.93 per cent), Dr Reddy's Laboratories (0.92 per cent), BHELBSE -2.73 % (0.64 per cent), Coal IndiaBSE -1.31 % (0.49 per cent) and Tata PowerBSE -2.29 % (0.49 per cent) were among the major Sensex losers.

ICICI BankBSE 0.94 % (2.05 per cent), Tata MotorsBSE 2.40 % (1.93 per cent), Hindalco IndustriesBSE -0.26 % (1.37 per cent), TCSBSE 0.46 % (1.09 per cent) and HDFCBSE 2.49 % (1.07 per cent) were the top Sensex gainers.

The market breadth was negative on the BSE with 1,135 gainers against 1,628 losers.

The foreign institutional investors bought shares worth Rs 763.28 crore on Friday as per the provisional data from the National Stock Exchange.

The European markets have opened on subdued note. The FTSE 100 was down 0.26 per cent, the CAC 40 was 0.04 per cent lower and the DAX slipped 0.14 per cent.

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