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Markets trading in red in afternoon trade

By IANS,

Mumbai : Indian equity markets continued to trade in the red at afternoon trade. Realty, oil and gas and metal stocks were under selling pressure.

At 1:00 p.m., the 30-share BSE Sensex was down by 88.49 points or 0.59 percent at 14,961.37. At the day’s low, it touched 14,766.01 points.

At the same time, the broader-based S&P CNX Nifty was down by 34.85 points or 0.77 percent at 4469.15.

The market breadth was positive. On BSE, 1,235 shares advanced, 1,107 declined and 92 remained unchanged.