Stock market: Sensex fell 227 points to near 41300, Nifty fell 62 points and slipped below 12200
- Tata Steel shares fall 2.5%, Asian Paints losses 2% .
- ONGC shares up 1.4%, Reliance Industries gains 0.5%.
Mumbai: Stock market dominates even today. During the trading, the Sensex fell 227 points to 41,301.63. The Nifty saw a loss of 62 points. It touched a low of 12,162.45. According to traders, there is a slowdown in the Indian market due to poor quarterly results of major companies and weak foreign signals.
24 out of 30 Sensex stocks and 37 out of 50 Nifty stocks declined. Tata Steel shares fell 2.5%. Mahindra & Mahindra lost 2.3%. Asian Paints was down 2% and Titan was down 1.8%. Hero MotoCorp saw losses of 1.3% and HDFC Bank 1.2%.
On the other hand ONGC stock gained 1.4%. Reliance Industries recorded a gain of 0.5%. TCS was up 0.4% and ICICI Bank was up 0.3%. UltraTech Cement and Tech Mahindra saw gains of 0.1% to 0.3%.
