Sensex and Nifty end near day’s low dragged by Metal and Financial stocks.
At close, the Sensex was down 290.69 points or 0.58 per cent at 49,902.64 and the Nifty was down 77.90 points or 0.52 per cent at 15,030.20.
About 1743 shares have advanced, 1249 shares declined and 166 shares remain unchanged.
On the Nifty 50 index, Coal India (3.69 per cent)), Cipla (2.21 per cent), Sun Pharma (1.82 per cent), UPL (1.66 per cent) and IOC (1.56 per cent) were the top gainers for the day, while Tata Motors (-5.41 per cent), HDFC Ltd. (-1.72 per cent), JSW Steel (-1.62 per cent), M&M (-1.62 per cent) and Bajaj Finserv (-1.59 per cent) were the top losers for the day.
On the sectoral front, Nifty Metal (-0.92 per cent), Nifty Bank (-0.70 per cent), Nifty Consumption (-0.21 per cent), Nifty Infra (-0.17 per cent), Nifty Auto (-0.73 per cent), Nifty FMCG (-0.03 per cent) ended in red, while Nifty Pharma (1.22 per cent), Nifty IT (0.09 per cent), Nifty Realty (2.15 per cent), Nifty Energy (0.55 per cent) and Nifty PSU Bank (0.24 per cent) ended in green.
The BSE Midcap and Smallcap indices gained 0.53 per cent and 0.35 per cent respectively.
Author’s View: Trading above 15,000 is positive for short term perspective. If the current level is sustained market may gain momentum which could lead to an upside till 15,370 – 15,400.
Disclaimer: The view/s expressed above are only for educational/awareness purpose. Mumbailive.com or the author of the post bears no liability for any losses suffered by following any advice posted on the website. You are solely responsible for making your own investment decisions.
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