Sensex, Nifty under pressure; Realty up 1%, NLC India top midcap gainer

Weak global cues continued to keep market under pressure as the 30-share BSE Sensex was down 188.56 points at 29,296.89.

The 50-share NSE Nifty fell 58.25 points to 9,063.25. Among sectoral indices, Nifty Bank and Metal lost the most, down over 1 percent while Realty bucked the trend, up 1 percent.

Metals shares lost momentum due to fall in commodity prices globally. JSW Steel, SAIL, Hindalco, Tata Steel, Jindal Steel and Vedanta were down 1-3 percent.

The market breadth remained negative as about two shares slipped for every share rising on the BSE. The Nifty Midcap was down 0.8 percent.

NLC India was the biggest midcap gainer, up more than 8 percent after positive management commentary.

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