While the gainers and losers are evenly matched among the BSE Sensex stocks at 15:15, the market is waiting for the trend to emerge from the European markets when they open for trading a short while from now.
After the loss sustained by the Indian markets and later by the US markets yesterday, the Asian markets today are trading in the red which does not inspire confidence among the Indian investors.
But the market losses at present are not significant among the heavyweights but a clearer trend would emerge later in the day.
L&T continues to shed value with the stock losing Rs 21.75 to trade around Rs 1,173.10. Hero Motocorp was another significant loser, down by Rs 23.65 at Rs 1,951.
Among the gainers were Sun Pharma, which was up by Rs 6.70 at Rs 510.70, Bajaj Auto which gained Rs 6.80 to Rs 1639.10, and Cipla which was up by Rs 5.20 to Rs 329.
Major Asian indices like Straits Times (-17.56 points), Hang Seng (-186.17 points), Nikkei (-101 points), Taiwan Weighted (-52.73 points), Kospi (-35.70 points) and Shanghai (-31.81 points) were all down.