Indian benchmark indices hovered near the day’s lows, weighed down by a surge in oil prices after escalating tensions in the Strait of Hormuz, where Iran reportedly fired at vessels and seized ships, raising concerns over global supply disruptions.
At 12:30 hours, the 30-share benchmark index was trading at 77656.08 down by -860.41 points or by -1.1 % and then NSE Nifty was at 24215.55 down by -162.55 points or by -0.67 %.
Sensex touched intraday high of 78178.54 and intraday low of 77656.08 The NSE Nifty touched intraday high of 24310.2 and intraday low of 24134.8
The top gainers of the BSE Sensex pack were Sun Pharmaceutical Industries Ltd. (Rs. 1688.95,+1.18%), Adani Ports & Special Economic Zone Ltd. (Rs. 1599.85,+0.72%), Larsen & Toubro Ltd. (Rs. 4032.10,+0.25%), Tata Consultancy Services Ltd. (Rs. 2543.00,+0.21%), Power Grid Corporation of India Ltd. (Rs. 320.35,+0.19%), among others.
The top losers of the BSE Sensex pack were Mahindra & Mahindra Ltd. (Rs. 3062.00,-2.80%), Trent Ltd. (Rs. 4318.30,-2.64%), Bajaj Finserv Ltd. (Rs. 1794.60,-2.52%), Bajaj Finance Ltd. (Rs. 914.85,-2.13%), HDFC Bank Ltd. (Rs. 783.00,-2.11%), among others.
HCS index was at 44086.21 up by 595.38 points or by 1.37%. OneSource Specialty Pharma Ltd. (Rs. 1738.00,+7.89%), Piramal Pharma Ltd. (Rs. 165.65,+7.63%), Dr. Reddy's Laboratories Ltd. (Rs. 1304.95,+7.23%), Fabtech Technologies Ltd. (Rs. 168.15,+7.00%), Strides Pharma Science Ltd. (Rs. 1058.20,+5.63%),.
Auto index was at 57267.59 down by -1184.42 points or by -2.03%. Ashok Leyland Ltd. (Rs. 171.60,-4.11%), Samvardhana Motherson International Ltd. (Rs. 126.50,-3.91%), TVS Motor Company Ltd. (Rs. 3521.00,-3.77%), Hero MotoCorp Ltd. (Rs. 5025.55,-3.22%), Mahindra & Mahindra Ltd. (Rs. 3062.00,-2.80%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4413 , shares advanced were 1828 while 2383 shares declined and 202 were unchanged.