Market in the red; Divi’s Lab, Future Market slip over 5% in trade

NEW DELHI: The benchmark equity index BSE Sensex was trading 111.06 points down at 29,407.68 in the afternoon trade on Tuesday following mixed global cues.

Shares of Divi’s Lab (down 18.51 per cent), Raj Rayon (down 16.67 per cent), High Ground Ent (down 10.42 per cent), REI Six Retail (down 10 per cent), MVL Ltd (down 9.09 per cent), Future Market (down 8.62 per cent), Tricom India (down 8.33 per cent), V Mart Retail (down 8.14 per cent), Manaksia Coated (down 8.02 per cent), SQS India (down 5.42 per cent), Amit Spinning (down 5.26 per cent), NBI Industrial Finance Company Ltd. (down 5 per cent) were trading over 5 per cent lower in the afternoon trade.

In the Nifty pack, 16 stocks were in the green, while 35 were trading in the red.

The Nifty index was down 26.55 points at 9,100.3 around 12.45 pm (IST).

On the NSE, Divi's Lab, Raj Rayon, High Ground Ent, Tricom India, SQS India, Dr Reddys Labs, DS Kulkarni Dev, Kavveri Telecom, Music Broadcast Ltd., KSK Energy Vent, Bharati Ship, Value Inds hit their fresh 52-week low.

On the other hand, Neyveli Lignite, Eros Media, Indian Metals, Vadilal Ind, JITF Infralogistics Ltd., ABM International Ltd., Weizmann Forex, Crest Ventures, Oriental Hotels, Future Lifestyle, and VST Industries touched their fresh 52-week high during the trade.