Indian stock market continued to see consolidation with the Nifty struggling at 8000 on expiry session for September. Oil & gas, banks, metals and power stocks were under pressure.
Sensex and nifty updates- The Sensex fell 113.07 points to 26631 .64 and the Nifty declined 35.10 points to 7967.30. About 753 shares have advanced, 1191 shares declined, and 56 shares are unchanged.
Jindal steel and Hindalco topped in a selling list , Down nearly 7% and 6%. ONGC, PNB, ICICI Bank, State Bank of India, Axis Bank, Mahindra and Mahindra, Tata Steel, Sesa Sterlite, NTPC, Tata Power and BHEL declined 1-4 percent.
While Dr. Reddy labs, Coal india, Cipla, Gail, Lupin, TCS, Tech mahindra gained 1-2 percent.