Equity benchmarks remained under pressure in morning trade, with the Nifty struggling below 9500 level following correction in Asian peers. The 30-share BSE Sensex was down 49.59 points at 30,807.93 and the 50-share NSE Nifty fell 16.95 points to 9,487.15. Sun Pharma was the biggest gainer among Sensex stocks, up more than 3 percent.
Top Gainers: Sun Pharma, Bank of Baroda, Aurobindo Pharm, ITC, Cipla
Top Losers: Bosch, Tata Motors (D), Larsen, Bharti Airtel, HUL
Larsen and Toubro (L&T) has broken down so that is a sell with a stop loss at Rs 1,700, look for targets close to about Rs 1,630 and try to sell around Rs 1,675-1,680 range.
Karnataka Bank sell with a stop loss at Rs 165.25 and look for a decline to about Rs 152.