The markets closed on an extremely weak note near the lowest point of the day. Sensex slipped below the 14,000 mark and the Nifty was hovering around the 4,100 levels. In terms of cues Asia was subdued except for China's Shanghai Composite which ended up around 2.5%.
Smallcap & midcaps which were holding out their gains till noon ended in red giving market an extremely negative breadth.
Oil marketing companies, telecom, banking stocks took it on their chin.However select pharma, IT and real estate stocks were relative ouperformers.
Time Technoplst closed with 56% premium despite weak markets.
The BSE Small Cap Index closed at 7,224.27 down 0.06%.
The BSE Midcap Index ended at 6,065.63 down 0.31%.
The BSE FMCG Index closed at 1,772.80 down 1%. Tata Tea, Britannia, HLL, United Spirits closed in red.
The BSE Metal Index was down 0.8% to close at 10,275.27. Shree Precoated, SAIL,Tata Steel, Hind Zinc, Jindal Saw were among the losers.
The BSE Health Care Index was up 0.23% at 3,739.84. Wyeth, Orchid Chemical, Dr Reddys Labs, Nicholas Pirama, Sun Pharma closed higher.
The BSE Capital Goods Index was down 1.22% at 10,724.38. ABB, Suzlon Energy, Triveni Engg, Alstom Projects, L&T, Reliance Infra ended lower.
The BSE Auto Index closed at 4,628.54 down 0.30%. Amtek Auto, Bharat Forge, Escorts, TVS Motor, Hero Honda among the losers
The BSE IT Index closed at 4,966.87 down 0.2%. Patni Computer, Wipro, Tech Mahindra, TCS, Infosys ended weak.
The BSE Bankex was down 1.14% at 7,453.52. SBI, Bank of India, Oriental Bank, Kotak Mahindra, Bank of Baroda closed lower
The BSE Oil and Gas Index closed at 7,397.36 down 1.3%. BPCL, GAIL, HPCL, Reliance, IOC closed in red.
The NSE cash turnover was at Rs 8086.05 crore and the NSE F&O turnover was at Rs 34009.31 crore. The BSE cash turnover was Rs 4169.31 crore. Total market wide turnover was at Rs 46264.67 crore.
Smallcap & midcaps which were holding out their gains till noon ended in red giving market an extremely negative breadth.
Oil marketing companies, telecom, banking stocks took it on their chin.However select pharma, IT and real estate stocks were relative ouperformers.
Time Technoplst closed with 56% premium despite weak markets.
The BSE Small Cap Index closed at 7,224.27 down 0.06%.
The BSE Midcap Index ended at 6,065.63 down 0.31%.
The BSE FMCG Index closed at 1,772.80 down 1%. Tata Tea, Britannia, HLL, United Spirits closed in red.
The BSE Metal Index was down 0.8% to close at 10,275.27. Shree Precoated, SAIL,Tata Steel, Hind Zinc, Jindal Saw were among the losers.
The BSE Health Care Index was up 0.23% at 3,739.84. Wyeth, Orchid Chemical, Dr Reddys Labs, Nicholas Pirama, Sun Pharma closed higher.
The BSE Capital Goods Index was down 1.22% at 10,724.38. ABB, Suzlon Energy, Triveni Engg, Alstom Projects, L&T, Reliance Infra ended lower.
The BSE Auto Index closed at 4,628.54 down 0.30%. Amtek Auto, Bharat Forge, Escorts, TVS Motor, Hero Honda among the losers
The BSE IT Index closed at 4,966.87 down 0.2%. Patni Computer, Wipro, Tech Mahindra, TCS, Infosys ended weak.
The BSE Bankex was down 1.14% at 7,453.52. SBI, Bank of India, Oriental Bank, Kotak Mahindra, Bank of Baroda closed lower
The BSE Oil and Gas Index closed at 7,397.36 down 1.3%. BPCL, GAIL, HPCL, Reliance, IOC closed in red.
The NSE cash turnover was at Rs 8086.05 crore and the NSE F&O turnover was at Rs 34009.31 crore. The BSE cash turnover was Rs 4169.31 crore. Total market wide turnover was at Rs 46264.67 crore.
Source: moneycontrol.com
