Indian benchmarks continued to hover in red during the noon trading session. Among sectors, bank and power indices down 0.5 percent each, while pharma, capital goods and oil & gas indices up 0.5 percent. BSE Midcap and smallcap indices are trading in the green.
Overseas, major stock markets in Europe are seen opening on a strong note on Thursday as easing inflation in Germany and Spain as well as dovish comments from Fed officials boosted market sentiment.
Among others, shares of Indian Renewable Energy Development Agency (IREDA) continued their upward move for the second, with its stock price hitting a new high of Rs 68.91 on Thursday. While Thomas Cook India shares fell 5 percent in the early trade on November 30 on the NSE after the company announced that promoter Fairbridge Capital (Mauritius) would sell over 6 percent in the company through an offer for sale (OFS).
At 12:22 hours, the 30-share benchmark index was trading at 66683.5 down by -218.41 points or by -0.33 % and then NSE Nifty was at 20069.1 down by -27.5 points or by -0.14 %. In the choppy trade so-far, Sensex touched intraday high of 67020.11 and intraday low of 66610.35 The NSE Nifty touched intraday high of 20136.15 and intraday low of 20015.85.
The top gainers of the BSE Sensex pack were UltraTech Cement Ltd. (Rs. 8896.00,+1.94%), Mahindra & Mahindra Ltd. (Rs. 1647.05,+1.74%), Sun Pharmaceutical Industries Ltd. (Rs. 1210.40,+0.80%), Titan Company Ltd. (Rs. 3448.00,+0.61%), Hindustan Unilever Ltd. (Rs. 2537.85,+0.55%), among others.
The top losers of the BSE Sensex pack were Tata Motors Ltd. (Rs. 700.00,-1.71%), IndusInd Bank Ltd. (Rs. 1470.65,-0.90%), HDFC Bank Ltd. (Rs. 1545.35,-0.89%), ICICI Bank Ltd. (Rs. 931.25,-0.86%), Mahindra & Mahindra Ltd. (Rs. 1212.45,-0.74%), among others.
Among the sectors, HCS index was at 30153.88 up by 275.78 points or by 0.92%. Gufic BioSciences Ltd. (Rs. 335.00,+11.46%), Alembic Pharmaceuticals Ltd. (Rs. 761.00,+5.78%), Marksans Pharma Ltd. (Rs. 166.25,+4.20%), Wockhardt Ltd. (Rs. 338.50,+3.99%), Granules India Ltd. (Rs. 399.90,+3.32%),.
On the flip side, Power index was at 4873.23 down by -39.24 points or by -0.8%. Adani Power Ltd. (Rs. 421.75,-2.72%), Adani Green Energy Ltd. (Rs. 1012.95,-2.67%), Tata Power Company Ltd. (Rs. 266.75,-2.40%), Adani Energy Solutions Ltd. (Rs. 855.90,-2.33%), JSW Energy Ltd. (Rs. 407.95,-1.63%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3937 , shares advanced were 1902 while 1837 shares declined and 198 were unchanged.