In the late morning session, Indian equity benchmarks
continued to trade in red, with both Sensex and Nifty witnessing losses, on the
back of negative cues from other Asian markets.

The Sensex is trading at 58,776.75, down by 76.99 points or
0.13% after trading in a range of 58583.36 and 58984.32. On the index, 12
stocks advanced and 18 stocks declined.

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The broader indices were trading in green with the BSE Mid
cap index down by 0.04%, while Small cap index was up by 0.11%. The top gaining
sectoral indices on the BSE were Capital Goods up by 1.54%, Metal up by 0.73%,
Industrials up by 0.60%, Basic Materials up by 0.44% and Healthcare up by
0.15%, while IT down by 1.04%, TECK down by 0.81%, Oil & Gas down by 0.58%,
Consumer Durables down by 0.50% and Utilities down by 0.45% were the top losing
indices on BSE.

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The top gainers on the Sensex were Larsen & Toubro up
by 1.65%, ICICI Bank up by 1.42%, Indusind Bank up by 1.32%, Bharti Airtel up
by 1.24% and Sun Pharma up by 0.84%. On the flip side, Bajaj Finance down by
2.81%, NTPC down by 2.17%, Wipro down by 1.73%, HCL Tech. down by 1.30% and
Infosys down by 1.21% were the top losers.

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The Nifty is trading at 17,510.55, down by 14.55 points or
0.08% after trading in a range of 17,442.80 and 17,566.10. On the index, 27
stocks advanced and 23 stocks declined.

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The top gainers on Nifty were Apollo Hospital Ent. up by
3.02%, Coal India up by 1.69%, Larsen & Toubro up by 1.59%, UPL up by 1.53%
and ICICI Bank up by 1.39%. On the flip side, Bajaj Finance down by 2.86%, NTPC
down by 2.29%, ONGC down by 1.83%, Wipro down by 1.70% and Adani Ports &
SEZ down by 1.68% were the top losers.

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Asian markets were trading mostly in red with Hang Seng decreasing
469.08 points or 2.34% to 19,534.36, Nikkei 225 slipped 180.46 points or 0.64%
to 27,819.50, Taiwan Weighted dropped 111.26 points or 0.74% to 14,939.02,
Jakarta Composite lost 62.32 points or 0.88% to 7,040.56, KOSPI fell 17.76
points or 0.71% to 2,485.70 and Shanghai Composite declined 18.59 points or
0.57% to 3,228.84. On the flip side, Straits Times advanced 14.11 points or
0.43% to 3,285.09.