Domestic stock markets reversed morning gains due to higher selling pressure on the nervous backdrop.
The BSE Sensex is down around 200 points, it has lost more than 800 points from the day’s high of 57,166. The NSE Nifty was seen testing the 16,800 level.
This morning, bullish sentiments took all sectors into positive territory. The Nifty Media, Nifty Metal, Nifty PSU Bank indices advanced in the range of 1% to 2%.