Banking stocks dipped with Nifty PSU Bank index falling 1.7% after the government notified the ordinance that seeks to tackle non-performing loans in the sector.

In the broader market, the S&P BSE Midcap and the S&P BSE Smallcap indices gained 0.5% and 0.4%, respectively.

The breadth, indicating the overall health of the market, turned negative from positive

The market breadth, indicating the overall health of the market, turned negative from positive

The BSE Midcap and the S&P BSE Smallcap indices outperformed to gain 0.6% and 1.1%, respectively

The breadth, indicating the overall health of the market, was slightly positive

The S&P BSE Midcap and S&P BSE Smallcap indices gained 0.4% and 1%, respectively

The BSE Midcap and the BSE Smallcap indices pared all intraday gains to end 0.3% and 0.5% lower

BSE Midcap and BSE Smallcap indices hit their fresh lifetime highs for the second day in a row

Broader market outperformed with the S&P BSE Midcap index adding 0.7%, while S&P BSE Smallcap index gained 0.6%.

The market breadth, indicating the overall health of the market was strong

On BSE, 1,826 shares declined and 982 shares rose, while a total of 194 shares were unchanged

BSE Midcap and BSE Smallcap outperformed the frontline indices to gain 0.2% and 0.3%

On the BSE, 1,650 shares declined and 1,188 shares rose

Lupin was the top gainer after the USFDA cleared its Goa facility

Shares of L&T Technology Services, an arm of engineering giant Larsen and Toubro, made a decent debut on the bourses

At 12:25 PM, the barometer index, the S&P BSE Sensex was down 358 points or 1.3% at 26,368.

Traders are closely watching the progress of the monsoon.

Markets at day's low; PSU banks shine.

The S&P BSE Sensex ended up 129 points at 26,843 and the Nifty50 ended up 39 points at 8,220.