Mumbai, Aug 6: The markets ended lower on back of the sell off. And all the sectoral indices ended the day in the red.
The 50-share NSE Nifty shut shop at 2.31 per cent or 108.65 points lower, at 4585.50 and the 30-share BSE Sensex ended at 15,514.03, down 2.45 per cent or 389.80 points. Among the broader indices, the BSE Midcap Index lost 2.4 per cent and the Smallcap Index was down 1.3 per cent.
The biggest downfall was seen in auto sector, which tanked 4 per cent on back of sell off and profit booking.
BSE Realty, FMCG and Metal indices plummeted over 3 per cent. Power, Capital Goods, IT, TECk, Bank and Oil & Gas indices slipped 1.5 to 2.3 per cent.
Mkts bounce back; banking, metal, pharma up
The markets have bounced back. However, consolidation continues. Oil & gas, realty, pharma, capital goods, banking, select technology and metal stocks along with ICICI Bank were witnessing buying interest
At 1: 51 pm, the NSE Nifty was up 22 points at 4,717 and the Sensex rose 58 points, to 15,961. The broader indices were outperforming the benchmark indices; the BSE Midcap Index gained 0.7 per cent and the Smallcap Index rose 1.7 per cent.
Selling continued in auto, FMCG stocks along with Infosys, Sterlite, Ambuja Cements, Hindalco and Tata Power.
The top gainers were ICICI Bank, Sun Pharma, Wipro, Reliance Industries, BHEL, BPCL, Cairn India and Siemens were up 1 to 3.7 per cent, while Maruti Suzuki, Hero Honda, Tata Motors, M&M, HUL and Sterlite Industries fell 2 to 3.8 per cent.
Among midcaps, Hindustan Oil Exploration shot up 16.56 per cent. Sun Pharma Advanced, Shriram Transport, Maharashtra Seamless and AstraZeneca were up 7 to 11 per cent.
In the smallcap arena, DCB, Shriram EPC, Selan Exploration, JBF Industries and Ganesh Housing went up 10 to 16 per cent.
Mkts choppy; BHEL, ICICI Bank, Axis Bank up
At 11: 51 am, NSE Nifty fell 15 points, to 4,678 and the BSE Sensex lost 72 points, to 15,831. Among the broader indices, the BSE Midcap Index rose 0.2 per cent and the Smallcap Index up 0.9 per cent.
Markets continue to winess selling amid choppy trade. However buying in buying in pharma, realty, oil marketing companies' shares along with BHEL, ICICI Bank, Axis Bank, NTPC, SAIL, Nalco and Siemens were contributing positively to the markets.
In pharma stocks, Sun Pharma Advanced, Dishman Pharma, Sun Pharma, Wockhardt, Piramal Health, Ranbaxy Labs, Glenmark, Aurobindo Pharma and Cipla were up 1-7 per cent.
Among metals, NMDC, JSW Steel, Ispat Industries, Sesa Goa, Hindustan Zinc, Jindal Saw and NALCO were up 1-3 per cent. SAIL, Gujarat NRE Coke, Jindal Steel and Tata Steel were trading positive.
The gainers in the oil & gas space were HPCL, BPCL and IOC up 3 to 4 per cent, Cairn India up 2.34 per cent while Reliance Petroleum, ONGC and Reliance Industries lost 0.4 to 0.7 per cent.
Auto stocks like Maruti Suzuki, Tata Motors, M&M and Hero Honda fell 2-3 per cent; Bharat Forge and Ashok Leyland were down 0.8 to 1 per cent.
In the FMCG arena, HUL, ITC, Tata Tea and Britannia lost 1 per cent each.
In the power space, Suzlon Energy, ABB, Tata Power and Reliance Infrastructure were down 0.8-1.5 per cent.
Sensex opens -ve; SBI, DLF, Infosys dip
The markets have opened lower and are trading amid volatility. At 9: 56, the NSE Nifty fell 21 points, to 4,672 and the BSE Sensex rose 72 points, to 15,829. The CNX Midcap and BSE Smallcap Indices were flat while the Nifty Junior fell 25 points, to 8,637.
The Sensex started the day on a negative note due to 2.4 per cent fall in Shanghai. Sustained selling in Realty, metal, auto, select banking and oil stocks put pressure on the markets.
Hindalco, Sterlite, Tata Steel, M&M, Tata Motors, Hero Honda, DLF, ONGC, HUL, Infosys and SBI were also putting pressure on the markets
However, the gainers among the frontliners were BHEL, Wipro, GAIL and ACC.
Among the midcaps, Great Offshore was up 2 per cent, Bajaj Hindusthan was up 1 per cent. Sakthi Sugars and Kothari Sugar went up 5 per cent each.
DCB, PTC, Glenmark Pharma and Orchid Chemicals were up 2 to 5 per cent.
However, NIIT and Mahindra Satyam fell over 1 per cent.