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Sensex falls 100 pts, Nifty tests 10,600; banks, auto stocks drag

AutoIndustry


Benchmark indices traded lower in late morning deals, with the Nifty testing 10,600 level amid volatility. Banks and Auto Stocks drove market lower.

The 30-share BSE Sensex was down 94.86 points at 34,348.33 and the 50-share NSE Nifty declined 31.50 points to 10,605.50.

About three shares declined for every two shares rising on the BSE.

The most active stocks were Welspun India which zoomed over 10 percent followed by Suzlon Energy, Reliance Communications, Unitech and JP Associates. More than 100 stocks hit a fresh 52-week high on the NSE while nearly 300 stocks hit record fresh 12-month high on BSE.


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This post first appeared on Stock Market News And Updates, please read the originial post: here

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Sensex falls 100 pts, Nifty tests 10,600; banks, auto stocks drag

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