Dear traders,
Negative trend continues in the markets with banking still reeling under selling pressure. Metal, capital goods and realty, too, look weak while auto and oil & gas have made smart gains. The Sensex is trading at 17213, down 149 points from its previous close, and the Nifty is at 5173, down 47 points. The CNX Midcap index is down 1.2% while the BSE Smallcap index has lost 1.5% till now. The market breadth is negative with advances at 306 against declines of 986 on the NSE.
The markets closed weak today with banking being the biggest loser of today's session. The Sensex closed at 17211 (provisional), down 151 points from its previous close, and the Nifty closed at 5175 (provisional), down 46 points. The CNX Midcap index was down 1.2% and the BSE Smallcap index lost 1.5%. The market breadth was negative with advances at 351 against declines of 960 on the NSE.
The markets traded with negative bias throughout the day and even the positive opening of Europe could not help the indices. Banking remained the biggest laggard in today's trade and capital goods, metal and realty, too, played their role in pulling the markets down. Auto and oil & gas closed in the green and support also came from FMCG and healthcare. The Sensex closed at 17193, down 169 points from its previous close, and the Nifty shut shop at 5169, down 52 points. The CNX Midcap index closed with 1.3% loss while the BSE Smallcap index was down 1.6% in today's trade. The market breadth was negative with advances at 305 against declines of 999 on the NSE. The top Nifty gainers were Mahindra & Mahindra, Sun Pharma, RIL and Bajaj Auto while the biggest losers included Axis Bank, Hindalco, ICICI Bank and Tata Steel.
The markets closed with significant losses during the week with all sectoral indices and both benchmark indices closing in the red. Banking and metal were the biggest laggards while auto closed with moderate loss. The Sensex was down 2.25% while the Nifty also lost 2.25% during the week. The CNX Midcap index was down 2.7%, the BSE Smallcap lost 2.8% and the Bank Nifty closed with 5.6% loss over the week. The BSE OilGas lost 1.4%, BSE Auto was down 1.2%, BSE Metal lost 4.9% while the BSE Powerclosed with 2.5% loss over the week. The top Nifty gainers during the week were HUL, Hero MotoCorp, TCS and Wipro while the biggest losers included BPCL, SBI, Tata Steel and DLF.
Negative trend continues in the markets with banking still reeling under selling pressure. Metal, capital goods and realty, too, look weak while auto and oil & gas have made smart gains. The Sensex is trading at 17213, down 149 points from its previous close, and the Nifty is at 5173, down 47 points. The CNX Midcap index is down 1.2% while the BSE Smallcap index has lost 1.5% till now. The market breadth is negative with advances at 306 against declines of 986 on the NSE.
The markets closed weak today with banking being the biggest loser of today's session. The Sensex closed at 17211 (provisional), down 151 points from its previous close, and the Nifty closed at 5175 (provisional), down 46 points. The CNX Midcap index was down 1.2% and the BSE Smallcap index lost 1.5%. The market breadth was negative with advances at 351 against declines of 960 on the NSE.
The markets traded with negative bias throughout the day and even the positive opening of Europe could not help the indices. Banking remained the biggest laggard in today's trade and capital goods, metal and realty, too, played their role in pulling the markets down. Auto and oil & gas closed in the green and support also came from FMCG and healthcare. The Sensex closed at 17193, down 169 points from its previous close, and the Nifty shut shop at 5169, down 52 points. The CNX Midcap index closed with 1.3% loss while the BSE Smallcap index was down 1.6% in today's trade. The market breadth was negative with advances at 305 against declines of 999 on the NSE. The top Nifty gainers were Mahindra & Mahindra, Sun Pharma, RIL and Bajaj Auto while the biggest losers included Axis Bank, Hindalco, ICICI Bank and Tata Steel.
The markets closed with significant losses during the week with all sectoral indices and both benchmark indices closing in the red. Banking and metal were the biggest laggards while auto closed with moderate loss. The Sensex was down 2.25% while the Nifty also lost 2.25% during the week. The CNX Midcap index was down 2.7%, the BSE Smallcap lost 2.8% and the Bank Nifty closed with 5.6% loss over the week. The BSE OilGas lost 1.4%, BSE Auto was down 1.2%, BSE Metal lost 4.9% while the BSE Powerclosed with 2.5% loss over the week. The top Nifty gainers during the week were HUL, Hero MotoCorp, TCS and Wipro while the biggest losers included BPCL, SBI, Tata Steel and DLF.
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