Markets end in red despite recovery
Mumbai May21: At 15.33 hrs the benchmark index Nifty ended on a flat note after a gap down opening of 100 points the BSE Sensex was down 85.36 points or 0.52% at 16434.32, and the Nifty down 16.45 points or 0.33% at 4931.15.
Auto and FMCG stocks attracted some buying in today's trade. Realty, power, pharma and capital goods witness selling pressure. The broader markets underperformed largecaps in recovery.
BSE Midcap and Smallcap index lost 1.3% and 1.5% respectively.
In the largecap space, ITC, Mahindra and Mahindra, Maruti Suzuki, Bharti Airtel, ACC and Gail were up 1.7-3.4%. NTPC, Hindalco, Grasim, HUL, Tata Power and Idea Cellular were down 2-4%.
16:00
Sensex still down, Mkts southbound
Bombay, May 21:At 14.30 hrs, the BSE Sensex was 16,397.94, down 121.74 points; NSE Nifty was 4920.25, down 27.35 points.
All the BSE sectoral indices continued the downward journey. Realty, capital goods, power, metal and FMCG stocks witnessed heavy selling.
The largecaps like Infosys, ICICI Bank, L&T, HDFC all dipped down. The top losers on the Sensex include Hindalco, down by 3.29 percent, Wipro, down 2.64 percent, and ONGC down by 2.7 percent.
M&M surged by 1.82 percent, Cipla by 0.88 percent and Bharti Airtel, 0.71 percent.
Top
losers
among
broader
indices
are
Sun
Pharma
Adv,
Shree
Cements,
Phoenix
Mills
and
Guj
NRE
Coke,
down
by
5
to
10
percent.
2:
49
PM
Stock market plunges; realty, metal,power in dip
At 12:40 hrs, BSE Sensex was at 16,412.43, down 107.25 points; NSE Nifty was 4929.40, down 18.20 points. Nifty dipped almost 50 points from the intraday low.
About 619 shares advanced, 2272 declined and 404 shares were unchanged.
Broader
indices
nosedived
too.
It
was
a
blood
bath
situation
for
both
BSE
Midcaps
and
Smallcaps,
as
their
index
were
also
down
close
to
2
percent
each.
In the largecap space, Jaiprakash Associates, ACC, Bharti Airtel, Mah and Mah and Cipla were up 0.5 to 2 percent. Hindalco, Tata Motors, Sterlite Industries, Wipro and NTPC were down 3 to 3.6 percent.
1:02 PM
Mkts open in red; realty, banks suffer selling
The
benchmark
indices
opened
in
red
with
close
to
1.5
percent
dip,
at
9
AM.
By
9:40
hrs,
BSE
Sensex
was
16,299.30
down
220.38
points;
NSE
Nifty
was
4877.55
down
70.05
points.
About
821
shares
advanced,
2037
shares
declined
and
437
remained
unchanged.
In realty, banks, metal and auto stocks, heavy selling was seen. All BSE sectoral indices were trading in red. BSE Midcap and Smallcap index were down more than 2 percent each.
Only
GAIL
and
ITC
were
trading
in
green.
Reliance
was
trading
2.19
percent
at
978.00.
Reliance
was
trading
at
Rs
978.00
down
2.19
percent
from
its
previous
close
of
Rs
999.90.
Tech
major
Infosys
was
trading
at
Rs
2,588.00
down
0.48
percent
from
its
previous
close
of
Rs
2,600.40.
Refinery
major
HPCL
was
trading
at
Rs
342.05
down
1.53
percent
from
its
previous
close
of
Rs
347.35.
10:14
AM
OneIndia News