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Nifty, Sensex under pressure; Lupin, Tata Steel most active

Sgx Nifty

Equity benchmarks remained under pressure, tracking weakness in Asian peers. Auto and pharma stocks gained while infra, banks and oil stocks were weak.

The 30-share BSE Sensex declined 90.95 points to 27110.54 and the 50-share NSE Nifty fell 25.80 points to 8312.10. The market breadth was weak as about 1176 shares declined against 741 advancing shares on Bombay Stock Exchange.

Infosys, Lupin, Reliance Infrastructure, Upper Ganges, Tata Steel, Tata Motors, HDFC and TCS were most active shares on exchanges.

Asian markets traded mostly lower, amid lower oil prices and caution ahead of all-important US June non-farm payrolls data. In Japan, the Nikkei 225 was down 0.78 percent after opening up above 0.7 percent; while across the Korean strait, the Kospi was dipped 0.64 percent.

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