Mkts end flat ahead of F&O expiry; BHEL, HDFC dip
Mumbai, Feb 24: The Nifty closed flat ahead of F&O expiry on Feb 25. It was trading in the range of 4850-4870 for most part of the day.
The Sensex closed down 24.61 points or 0.15 pc at 16261.71, and the Nifty ended down 8.35 points or 0.17 pc at 4861.70.
The markets breadth was negative, about 982 shares advanced, 1914 shares declined, and 278 shares were unchanged.
The negative contributors to the Nifty were Bharti Airtel, BHEL, Sun Pharma, Tata Motors and HDFC.
NTPC,
Maruti
Suzuki,
Reliance,
L&T
and
TCS
were
the
positive
contributors.
4:12
PM
Sensex
choppy;
Tata
Motors,
M&M,
RCom
dip
At
01:21
pm,
Sensex
was
trading
in
a
narrow
band
of
50
points.
It
was
a
quiet
day
for
the
markets
ahead
of
expiry.
The Sensex was down 26.03 points or 0.16% at 16260.29, and the Nifty down 11.60 points or 0.24 pc at 4858.45.
About 905 shares have advanced, 1964 shares declined, and 303 shares were unchanged.
Selling pressure was witnessed in auto, pharma, banks, realty and metal stocks.
All BSE sectoral indices were trading in red barring IT and Oil&Gas. BSE Midcap and Smallcap index lost more than largecaps.
In the largecap space, Idea Cellular was the top gainer with more than 1.8%. Maruti Suzuki, HCL Tech, Larsen and BPCL were up 0.7-1.2 pc.
On
the
losing
side,
Tata
Motors,
Mahindra
and
Mahindra,
Sun
Pharma,
Reliance
Communications
and
Cipla
were
down
1.7-2.7
pc.
2:11
PM
Nifty marginally in red; RIL, Axis Bank down
At 11.52 am, Nifty was trading marginally in red ahead of expiry. The auto index continued to drag the markets down.
Consumer durables, metals, pharma, realty and bank stocks were also marginally trading in red. Buying was seen in FMCG and capital goods stocks.
The Sensex was down 12.92 points or 0.08 pc at 16273.40, and the Nifty down 7.40 points or 0.15 pc at 4862.65.
About 920 shares advanced, 1917 shares declined, and 335 shares were unchanged.
In the largecap space, Idea Cellular, ABB, Larsen, Sterlite Industries and Maruti Suzuki were up 0.6%-1.4 pc.
On
the
losing
side,
Mahindra
and
Mahindra,
Tata
Motors,
Hero
Honda,
Reliance
Communications
and
Axis
Bank
were
down
1.8-2.7
pc.
12:24
PM
Sensex trading flat ahead of Rail Budget
At 10:11 am, the Sensex was trading flat ahead of the Rail Budget.
The Sensex was up 11.52 points or 0.07 pc at 16297.84, and the Nifty was up 4.10 points or 0.08 pc at 4874.15.
About 1101 shares advanced, 1705 shares declined, and 366 shares were unchanged.
Selling pressure continued in auto, metal and banking stocks. Buying was seen in IT and capital goods stocks.
The BSE Midcap and Smallcap index were down 0.19 pc and 0.33 pc respectively.
In the largecap space, Idea Cellular, HCL Tech, Tata Power, Ranbaxy Labs and Larsen were up 1-1.5 pc.
Mahindra
and
Mahindra,
Hero
Honda,
Tata
Motors,
Axis
Bank
and
Grasim
were
down
close
to
1
pc.
10:30
AM
OneIndia News