The weakness in the markets continues as they ended down over 1.5% on account of sustained selling pressure in index pivotals. Selling pressure was seen in banking, capital goods, pharma, oil & gas and IT stocks.
The Sensex closed down 204.17 points or 1.50% at 13362.16, and Nifty ended down 61.10 points or 1.56% at 3850.3.
About 930 shares have advanced, 1688 shares declined, and 39 shares are unchanged.
The BSE Small Cap Index closed at 7,146.27 down 66 points down 0.9%.
The BSE Midcap Index ended at 5,819.34 down 63 points or 1.07%.
The BSE FMCG Index closed flat at 1,848.73. United Spirits, Dabur India, Shaw Wallace, P&G, Tata Tea closed in red.
The BSE Metal Index was down 1.1% to close at 8,677.63. NALCO, Hind Zinc, JSW Steel, Jindal Steel, SAIL were among the losers.
The BSE Bankex was down 2.5% at 6,844.71. Canara Bank, SBI, Oriental Bank, ICICI Bank, Vijaya Bank, Allahabad Bank moved downwards.
The BSE Health Care Index was down 1.4% at 3,738.26. Lupin, Dr Reddys Labs, Glenmark, Cadila Health, Biocon closed lower.
The BSE Capital Goods Index was down 2.1% at 8,788.55. BHEL, Aban Offshore, Thermax, Alstom Projects, Carborundum, BEML ended lower.
The BSE Auto Index closed at 5,449.47 down 0.7%. Sundram, Tube Investment, Escorts, Hind Motors Punj Tractors were among the losers.
The BSE IT Index closed at 5,126.10 down 0.7%. HCL Tech, TCS, Satyam, Patni Computer ended weak.
The BSE Oil and Gas Index closed at 6,268.01 down 0.3%. IOC, ONGC, GAIL, MRPL and HPCL closed lower.
The NSE cash turnover was at Rs 8561.94 crore and the NSE F&O turnover was at Rs 28373.15 crore. The BSE cash turnover was Rs 4109.36 crore. Total market wide turnover was at Rs 41044.45 crore.
Markets Today
- Markets end weak; In line with global markets
- Sensex down 1.50% or 204 points at 13362.16
- Nifty down 1.56% or 61 points at 3850
- BSE Bank Index down 2.45%; SBI down 3.3%, ICICI Bank down 3.12%, OBC down 3.75%
- BSE Capital Goods Index down 2%; BHEL down 4.7%, Suzlon down 4%
- BSE Healthcare, Oil & Gas & Metal Indices down over 1% each
- Index Losers; Rel Comm down 3.74%, Nalco down 3.4%, DRL down 3%
- CNX Midcap Index down 0.87%
- IFCI in focus; up 19.26%; sells 7% stake in NSE at Rs 2,400/sh
- BSE Small-Cap Index down 0.91%; NRC up 9.5%, SPIC up 5%
- New Listings: WWIL closes at Rs 120.45 Vs Listing price of Rs 100
- New Listings: Zee News closes at Rs 34.25 Vs Listing price of Rs 50
- New Listings: Shree Ashtavinayak closes at Rs 225.4 Vs Listing price of Rs 193
- Total market turnover at Rs 41044.45 cr Vs Rs 42088.32 cr on Tuesday
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