Despite US Federal Reserve's announcement yesterday to another cut rates by 50 basis bears tightened their grip on the market and the Bombay Stock Exchange benchmark Sensex fell today by 109 points.
The 30-share BSE Sensex closed at 17,648.71 points, down 109.93 points. The broad-based Nifty of the National Stock Exchange, too fell by 30.15 points to 5,137.45 from last close of 5,167.60.
Power, realty, banking, capital goods and healthcare spaces traded weak through the day and ended deep in red. Power and realty index closed down with a cut of over 2%. Oil & gas, FMCG and auto stocks were firm today and drew good attention in the first half, despite selling pressure in late trade managed to close with modest gains.
On BSE, about 1062 shares advanced, 1893 shares declined, and 48 shares remained unchanged. BSE midcap ended 0.8% down at 7766.62 and smallcap was down 0.22% at 10124.42.
BSE auto index ended up 0.42% at 4832.4. Hindustan Motors, Escorts and Ashok Leyland were the top gainers in this space. BSE FMCG and IT index closed flat at their previous day's level.
BSE oil & gas index ended up 0.19% at 10705.20. Essar Oil, GAIL, RNRL and Reliance petroleum were the top gainers.
BSE bankex ended down 1.71% at 10713.91. PNB, Oriental Bank and Allahabad bank were the leading losers in the banking domain.
The 30-share BSE Sensex closed at 17,648.71 points, down 109.93 points. The broad-based Nifty of the National Stock Exchange, too fell by 30.15 points to 5,137.45 from last close of 5,167.60.
Power, realty, banking, capital goods and healthcare spaces traded weak through the day and ended deep in red. Power and realty index closed down with a cut of over 2%. Oil & gas, FMCG and auto stocks were firm today and drew good attention in the first half, despite selling pressure in late trade managed to close with modest gains.
On BSE, about 1062 shares advanced, 1893 shares declined, and 48 shares remained unchanged. BSE midcap ended 0.8% down at 7766.62 and smallcap was down 0.22% at 10124.42.
BSE auto index ended up 0.42% at 4832.4. Hindustan Motors, Escorts and Ashok Leyland were the top gainers in this space. BSE FMCG and IT index closed flat at their previous day's level.
BSE oil & gas index ended up 0.19% at 10705.20. Essar Oil, GAIL, RNRL and Reliance petroleum were the top gainers.
BSE bankex ended down 1.71% at 10713.91. PNB, Oriental Bank and Allahabad bank were the leading losers in the banking domain.
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