Market Now: Sensex, Nifty tread lower; these stocks crack over 5%

NEW DELHI: Shares of Dhunseri Petrochem (down 8.06 per cent), Vardhman Holdings (down 5.69 per cent) and Mercator (down 5.18 per cent) cracked over 5 per cent on NSE in morning trade on Wednesday.

Stocks such as Vakrangee (down 4.94 per cent), Symphony (down 4.81 per cent) and TV Today Network (down 4.39 per cent) tanked up to 5 per cent.

Shares of Praxis Home Retail Ltd. (down 3.71 per cent), Dhampur Sugar (down 3.25 per cent) and Vedanta (down 3.24 per cent) slipped over 3 per cent.

Equity benchmarks were dull, tracking weakness in global stocks.

Selling emerged in select private bank, financial, metal and auto stocks.

However, PSU bank, IT, pharma and FMCG counters were catching buyers' attention.

The NSE Nifty index was trading 38 points down at 10,498, while the BSE Sensex was down 89 points at 34,563 around 10 am.

In the Nifty index, 17 stocks were advancing, while 33 were declining in trade.

Adani Power, CEAT, Corporation Bank and GTL Infrastructure hit 52-week lows on NSE.