Indian benchmarks continued to hover in red during the noon trading session. Sectoral indices show mixed performance in today's trade. Nifty Realty is leading the gains, while Nifty Auto declines.
Overseas, European shares are seen opening a tad higher on Thursday following Wall Street's overnight rally, led by AI and semiconductor stocks.
On the corporate front, shares of Tata Motors rose 4 per cent in Thursday’s session and hit an intraday high of ₹464.40 per share on the National Stock Exchange. Ola Electric Mobility shares jumped 7.5 per cent to the day’s high ₹37 per share.
Meanwhile, Gold and silver prices declined on Thursday as expectations of a rate hike by the US Federal Reserve in December rose.
At 12:37 hours, the 30-share benchmark index was trading at 81798.19 down by -81.21 points or by -0.1 % and then NSE Nifty was at 25235.2 down by -19.85 points or by -0.08 %.
The BSE Sensex touched intraday high of 82325.61 and intraday low of 81576.15 The NSE Nifty touched intraday high of 25384.8 and intraday low of 25142.95.
The top gainers of the BSE Sensex pack were Bajaj Finance Ltd. (Rs. 1111.05,+3.35%), State Bank of India (Rs. 1080.00,+1.87%), Bajaj Finserv Ltd. (Rs. 1885.00,+1.62%), Bharat Electronics Ltd. (Rs. 404.05,+1.39%), Eternal Ltd. (Rs. 364.70,+1.08%), among others.
The top losers of the BSE Sensex pack were Hindustan Unilever Ltd. (Rs. 1974.00,-2.28%), Mahindra & Mahindra Ltd. (Rs. 3378.30,-2.26%), Maruti Suzuki India Ltd. (Rs. 12953.15,-1.71%), Power Grid Corporation of India Ltd. (Rs. 260.00,-1.20%), UltraTech Cement Ltd. (Rs. 12285.00,-1.20%), among others.
Among the sectors Realty index was at 7217.8 up by 252.17 points or by 3.62%. Sobha Ltd. (Rs. 1297.45,+4.16%), Prestige Estates Projects Ltd. (Rs. 1684.30,+4.10%), Oberoi Realty Ltd. (Rs. 1811.30,+4.01%), Phoenix Mills Ltd. (Rs. 2249.85,+3.97%), Lodha Developers Ltd. (Rs. 1213.50,+3.72%),.
On the flip side, Auto index was at 61971.8 down by -654.59 points or by -1.05%. Mahindra & Mahindra Ltd. (Rs. 3378.30,-2.26%), Hyundai Motor India Ltd. (Rs. 2111.80,-2.23%), Samvardhana Motherson International Ltd. (Rs. 165.60,-2.10%), Eicher Motors Ltd. (Rs. 7487.50,-1.80%), TVS Motor Company Ltd. (Rs. 4479.15,-1.77%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4652 , shares advanced were 2487 while 1900 shares declined and 265 were unchanged.