The market, which declined sharply this morning after opening with a small positive gap, continues to languish in the red with several blue chip stocks suffering sharp losses due to profit taking. The Sensex, which had tumbled to 15,024.09 after an early surge to 15,234.21, is down by 116.33 points or 0.77% at 15,074.68 at present. The Nifty is down by 26 points or 0.58% at 
4476.25, around 20 points off a low of 4456.35 it had touched earlier this morning. Realty, auto, information technology, bank and capital goods stocks have posted losses. PSU, power and oil stocks are also seen struggling for support. FMCG stocks trade weak. After a sharp setback, metal stocks have edged up a bit on buying at lower levels. Consumer durables and pharma stocks have fared relatively better this morning. Not much buying is taking place in midcap and smallcap segments. The market breadth is weak at present. Out of 1927 stocks seen in action on BSE, 1070 stocks are trading weak. 797 stocks have posted gains and 60 stocks trade flat. Mahindra & Mahindra, Jaiprakash Associates, Tata Consultancy Services, Tata Motors and DLF have lost 2% - 3% this morning. BHEL, State Bank of India, ACC, Hindalco, Infosys Technologies, Sterlite Industries, Tata Steel, Larsen & Toubro, ITC, Maruti Suzuki, ICICI Bank, NTPC, Tata Power and Hero Honda have also declined sharply.
4476.25, around 20 points off a low of 4456.35 it had touched earlier this morning. Realty, auto, information technology, bank and capital goods stocks have posted losses. PSU, power and oil stocks are also seen struggling for support. FMCG stocks trade weak. After a sharp setback, metal stocks have edged up a bit on buying at lower levels. Consumer durables and pharma stocks have fared relatively better this morning. Not much buying is taking place in midcap and smallcap segments. The market breadth is weak at present. Out of 1927 stocks seen in action on BSE, 1070 stocks are trading weak. 797 stocks have posted gains and 60 stocks trade flat. Mahindra & Mahindra, Jaiprakash Associates, Tata Consultancy Services, Tata Motors and DLF have lost 2% - 3% this morning. BHEL, State Bank of India, ACC, Hindalco, Infosys Technologies, Sterlite Industries, Tata Steel, Larsen & Toubro, ITC, Maruti Suzuki, ICICI Bank, NTPC, Tata Power and Hero Honda have also declined sharply.source : sify.com/finance/fullstory.php?a=jhvli6fhjac & title=Sensex%2C_Nifty_remain_weak%3B_Realty_stocks_lose_ground_%40_10%3A55_hrs
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