As of 11:09 AM, several major stocks witnessed declines of over 1%, contributing to the market’s downward trend:
- Hero MotoCorp (HEROMOTOCO) dropped 1.01% to ₹6,064.55, down ₹61.75, as the auto sector faces persistent selling pressure.
- JSW Steel (JSWSTEEL) saw a decline of 1.18%, trading at ₹978.05, down by ₹11.65, reflecting weakness in the metal sector.
- Grasim Industries (GRASIM) fell 1.34% to ₹2,584.10, losing ₹35.20, as the materials segment struggled in early trade.
- Britannia Industries (BRITANNIA) dropped 1.34% to ₹6,120.15, down by ₹83.00, amid a broader decline in FMCG stocks.
- Tata Motors (TATAMOTORS) slipped 1.51%, trading at ₹962.55, down ₹14.75, as auto stocks continued to face downward pressure.
- Tech Mahindra (TECHM) saw a dip of 1.62%, falling to ₹1,610.65, down by ₹26.45, as the IT sector experienced selling.
- Larsen & Toubro Infotech (LTIM) experienced a larger decline, falling 1.98% to ₹6,218.70, down by ₹125.40, impacted by profit-booking in the infrastructure sector.
- Tata Consumer Products (TATACONSUM) led the losses, falling 2.11% to ₹1,186.05, down ₹25.60, as investors reacted to broader market trends.
These stocks are under pressure, contributing to the overall negative sentiment in the market, with sectors such as autos, metals, IT, and FMCG witnessing notable declines.
