Market Trend on Stock,Equity Trading Services

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The market slips away in early trade. The Sensex is down 349.51 points or 1.4 percent at 24130.33, and the Nifty is down 98.65 points or 1.3 percent at 7336.45. About 126 shares have advanced, 870 shares declined, and 41 shares are unchanged. 

Sentiment is likely to be weak as foreign investors continued to sell domestic equities; on Tuesday they have sold cash shares worth Rs 858 crore. Foreign investors have been net sellers in 12 out of the last 13 trading sessions. However, domestic institutional investors continue to support markets by pumping Rs 1,387 crore in to equities on Tuesday.