Value benchmarks fell more than 1 percent in morning trade Thursday on reasons for alarm that the Federal Reserve might scale back its Usd 85 billion month to month financial boost sooner than later.
The Sensex is down 229.32 focuses or 1.11 percent at 20405.81, and the Nifty is down 74.30 focuses or 1.21 percent at 6048.60.
Around the sectoral records, the S&p Bse Bankex was down 1.26%, the S&p Bse Capital Goods Index declined 0.65%, the S&p Bse Power Index was 0.61% more level and the S&p Bse Realty Index slipped 0.54%.
The Sensex washouts incorporated Hdfc 1.50%, Hdfc Bank 1.42%,Hindalco 1.20%, Icici Bank1.13% and Ntpc 1.04%
Coal India up 1.25%, Cipla up 0.59%, Dr Reddy’s Laboratories up 0.52%, Wipro 0.34%and Gail up 0.25% were the top record gainers.
Sell axis bank below 1093.35 target 1096/1099 stoploss 1098
Sell Tata power below 78.65 target 77/76/75 stoploss 80
Sell infosys below 3357.10 target 3356.97/3355/3354 stoploss 3360