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Sensex down in afternoon trade; bank, PSU stocks plummet
At 1.33 pm, Sensex wad down 78.24 points at 18439.10. Similarly, Nifty was down 21.50 points at 5606.25 during the same time.
Funds buying pulls Sensex up
The BSE benchmark index Sensex was trading in the negative terrain in in the afternoon trade following heavy selling pressure in bank, public sector undertaking (PSU) and capital goods stocks. Track markets live

At 1.33 pm, Sensex wad down 78.24 points at 18439.10. Similarly, Nifty was down 21.50 points at 5606.25 during the same time.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,543.95 points, was ruling at 18,447.08 points around 12.30 p.m., down 70.26 points or 0.38 percent from its previous close at 18,517.34 points.

The benchmark index touched a high of 18,556.50 points and low of 18,427.02 points intra-day.

The BSE midcap index was down 2.83 points. However, the smallcap index was higher by 5.19 points.

The wider 50-scrip S&P CNX Nifty of the National Stock Exchange slumped 23.09 points or 0.42 percent at 5,603.85 points.

There was heavy selling pressure in bank, PSU, metal, capital goods, health care and fast moving consumer goods (FMCG) stocks.

The bank index was down 108.95 points, while the PSU index was lower by 50.57 points, followed by metal index down 35.96 points, capital goods index down 26.54 points, healthcare index down 23.09 points and FMCG index, down 19.38 points.

Among the other Asian markets, Japan's Nikkei rose 1.56 per cent, while Hong Kong's Hang Seng gained 0.62 per cent. China's Shanghai Composite Index was up 0.58 per cent.

With IANS inputs

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