Nifty hovers around 7850; FMCG, metal, oil stocks under pressure

Bharti-Airtel2

The market is spiralling downwards as FMCG, metals, oil & gas and auto stocks are under pressure. The Sensex is down 147.98 points or 0.6 percent at 25690.16, and the Nifty is down 39.75 points or 0.5 percent at 7859.55. About 914 shares have advanced, 1176 shares declined, and 104 shares are unchanged.


Bharti Airtel, Bajaj Auto, ICICI Bank, TCS and SBI are gainers while Hindalco, NTPC, Reliance, Tata Steel and Sun Pharma are losers in the Sensex.


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