Mumbai: The markets slipped as profit booking was seen in pharma, technology, capital goods, FMCG and oil stocks. At 1414 hours IST, the Sensex was down 63 points at 12,392 and the Nifty down 15 points at 3,574.
The market breadth was positive, about 1348 shares have advanced, 950 shares declined, and 73 shares are unchanged.
Top losers were HDFC (-3.21 per cent), Ranbaxy Labs (-2.58 per cent), HLL (-1.81 per cent), Cipla (-1.81 per cent) and Tata Power (-2.03 per cent).
Bajaj Auto (1.29 per cent), Hindalco (0.41 per cent), Tata Motors (0.34 per cent), Reliance Energy (0.30 per cent), Suzlon Energy (3.64 per cent), M&M (1.57 per cent) and HPCL (1.16 per cent) were biggest gainers on the bourses.
The BSE Healthcare and IT indices were down over 0.65%. The BSE Capital Goods and FMCG indices fell over 0.50%. However, the BSE Auto and Metal indices rose over 0.80%.
Oudh Sugar board approved ADR/GDR/FCCB issue/private placement of upto Rs 100 crore (Rs 1 billion).
Indian Hotels will buy Boston-based hotel, Ritz Carlton for $170 million.
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