Tata Stocks Dropped Down As Well The Markets in Red

Tata group stocks were trading in red in morning deals on Tuesday after Tata Sons on Monday sacked Cyrus Mistry as chairman and was replaced by Ratan Tata. Sensex lost over 100 points but trying to overcome the losses. Sensex dropped 69 points at 28110 and Nifty is just 10 points down at 8689. All the sectors are trading in the negative zone. BSE SmallCap has lost 21 points at 13480, BSE Midcap lost 50 points at 13534 and Nifty Midcap dropped 47 points at 15960.

In commodity market, MCX Gold hiked 61 points at 29824 and Silver jumped 179 points at 42237. Crude Oil gained 29 points at 3384.

Asian Market Updates: Nikkei is 122 points up at 17356, Hang Seng lost 29 points at 23574 and Shanghai Composite live at 3126 with no major losses.

Overall 951 shares advanced, 1291 shares declined and 157 shares are still unchanged.

Gainers: Bharti Infratel, Tech Mahindra, Aurobindo Pharma, Zee Entertainment, Sun Pharma

Losers: Tata Steel, Hindalco, Tata Power, BPCL, Idea Cellular