The market is completely in bear grip as capital goods and technology stocks shed heavily. The Sensex is down 168.45 points or 0.6 percent at 28631.24 and the Nifty is down 60.60 points or 0.7 percent at 8689.60.About 890 shares have advanced, 1766 shares declined, and 144 shares are unchanged.
Buoyed up by global oil prices hitting 2015 high, Oil & Gas index is in green, up 0.5 percent while rest of the indices are under selling pressure. ONGC, Bharti Airtel, M&M, SBI and HDFC are top gainers in the Sensex. On the losing side are Hero MotoCorp, Sun Pharma, Sesa Sterlite, Cipla and Wipro.
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