The Market Is Under Pressure With The Sensex Falling Around 150 Points

The market is under pressure with the Sensex falling around 150 points following correction in major Asian stocks amid US-China trade tensions.

The Nifty is also trading way below 10,700 levels, weighed down by Reliance Industries, L&T, ITC and HDFC twins. The Nifty Midcap index outperformed frontliners, trading flat.

Bajaj Auto and Tata Motors are up around 2 percent each after strong auto sales data for June while Tata Steel gained 2 percent after a definitive agreement with ThyssenKrupp to spin off its European steel assets into a 50:50 joint venture.

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