Market tumbles, IT, Oil & Gas, Metals down

Indian markets again entered the red zone tracking European markets. The BSE Sensex closed 1.03% or 163.06 points to 15,695.43, while the NSE Nifty slipped 0.98% or 46.40 points at 4,710.05.

On the global front, the market breadth looked grim, all major Asian indices ended in red with China's Shanghai fell 0.70%, Japan's Nikkei was down by 0.06%, Hong Kong's Hang Seng Index slipped 1.37%.

European markets also witnessed a weak trend, CAC 40 seen down by 0.24% and FTSE 100 slumped 0.36%.

Back to India, the sectors underperformed on the BSE were IT (1.98%), Oil & Gas (1.60%), TECk (1.54%), Metal (1.51%) and Auto (1.22%).

The sectors under the positive territory were Capital Goods, Realty, PSU, Power and Consumer Durables.

On the National Stock Exchange, the top gainers were BHEL, L&T, Ranbaxy, BPCL and DLF, gained, 3.47%, 3.59%, 3.49%, 3.39% and 2.83%, respectively.

Top losers on the NSE were Maruti (3.94%), Hindalco (3.60%), RPower (3.46%) and HeroMoto Corp (3.07%).

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