Sensex Slips 249.66 Pts At 13,276.33

The 30-share benchmark index, Sensex continued to trade in the negative Sensex Slips 249.66 Pts At 13,276.33zone due to heavy selling action seen in key stocks.

Midcap and Smallcap lost 0.56% and 0.72% respectively.

At 2.26 p.m., Sensex lost 249.66 at 13,276.33, while NSE Nifty stood at 3974.65, down 55.35 points.

The overall market breadth was sharply negative.

Out of the total 2,561 stocks traded at BSE, 924 advanced, 1575 declined while 62 remained unchanged.

All sectoral indices were trading in negative except BSE Power and Consumer Goods.

Gainers at the BSE Sensex were ACC (5.22%), NTPC (3.21%) and BHEL (2.22%). Hindalco, L&T, SBI, Tata Steel and Cipla were the other gainers.

Laggards at the BSE included Infosys (4.56%), Satyam (4.14%), and Tata Motors (3.96%).

 ITC, ICICI Bank, TCS, Ranbaxy, Bharti Airtel, RIL and HUL were the other major losers at the Sensex.