Metal stocks, consisting of Tata Steel, Hindalco and JSW Steel lost 3-6 per cent each on BSEThe criteria indices are hovering mildly in the red, amid a volatile session of trading, due to weakness in index heavyweights such as Tata Steel, HDFC and SBI.

The BSE Sensex has actually swung in a series of almost 700 points between an intra-day high of 59,202.56 and a low of 58,525.89 and is currently trading at 58,906.75, lower by 106.28 points or 0.18 percent and the NSE Nifty is at 17,526, down 59.50 points or 0.35 per cent.The more comprehensive markets are likewise selling the red, with the BSE Midcap index and BSE Smallcap index shedding 0.5 percent each.The Sensex had actually decreased as much as 490 points to strike an intra-day low of 58,525.89 at opening bell before removing all its losses and turning favorable, albeit momentarily.In the currency market, the rupee diminished 34 paise to 73.82 against the United States dollar, tracking a strong greenback in the overseas market.

At the interbank foreign exchange, the rupee opened at 73.82 versus the dollar, signing up a decrease of 34 paise from the last close.Among individual shares, Tata Steel has plunged 6 percent to Rs 1,301 to top the losers list on the BSE.

The other metal stocks are likewise trading weak, with Hindalco and JSW Steel losing 4 percent and 3 percent respectively on the BSE.

HDFC, SBI and Dr Reddy's have actually also lost 1-2 percent each on the BSE.On the other hand, Hindustan Unilever has actually gotten 2.5 percent to Rs 2,793 to top the gainers list on the BSE.

Bajaj Finserv, ITC and HCL Tech are the other substantial gainers in the Sensex pack.

ITC touched a 52-week high of Rs 239 earlier in the day, making it around 10 per cent of gains over the previous one week.Among stocks in the news, Lupin fell as much as 3.23 per cent to hit an intra-day low of Rs 913 after the business informed exchanges that United States drug regulator United States Fda (United States FDA) carried out assessment at its Goa center with seven observations.The general market breadth is negative as 1,972 shares have actually declined on the BSE as against 1,324 advances.