Sensex under pressure, Midcap index falls 1%; all PSU banks slip



stock-market-down
The market remained under pressure due to a correction in banking, financial and auto stocks. The Sensex was trading over 100 points lower. The Nifty Midcap index was down around a percent.

PSU Bank was the biggest loser among sectoral indices, falling 2 percent as all stocks are down. PNB, Bank of India, Bank of Baroda and Union Bank are prominent losers, down 2-5 percent.

Technology stocks like Infosys, TCS and HCL Technologies were trading with a percent gain.


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