Sensex Ends 53 Points Lower, Nifty Settles Below 15,750; Hindalco And Tata Steel Among Top Losers

Indian share markets witnessed volatile trading activity throughout the day today and ended lower.

Benchmark indices slipped after a positive start in today's session, tracking mixed global cues, dragged mainly by metal and banking stocks.

At the closing bell, the BSE Sensex stood lower by 53 points (down 0.1%).

Meanwhile, the NSE Nifty closed lower by 12 points (down 0.1%).

Tata Motor and Tech Mahindra were among the top gainers today.

Hindalco and Tata Steel, on the other hand, were among the top losers today.

The SGX Nifty was trading at 15,774, down by 6 points, at the time of writing.

The BSE MidCap index and the BSE SmallCap index ended up by 0.4% and 1%, respectively.

Sectoral indices ended on a mixed note with stocks in the metal sector, banking sector, and finance sector witnessing most of the selling pressure.

Telecom and IT stocks, on the other hand, witnessed buying interest.

Shares of Piramal Enterprises and Crisil hit their respective 52-week highs today.

Asian stock markets ended on a negative note today.

The Hang Seng ended on flat note today, while the Shanghai Composite ended down by 0.5%.

The Nikkei ended down by 0.2% in today's session.

US stock futures are trading on a negative note today with the Dow Futures trading down by 90 points.

The rupee is trading at 72.89 against the US$.

Gold prices for the latest contract on MCX are trading down by 0.1% at Rs 49,080 per 10 grams.

In news from the pharma sector, Laurus Labs was among the top buzzing stocks today.

Shares of Laurus Labs continued their upward journey in today's session to hit a new high of Rs 642 per share, up 12.2% on the BSE, in an otherwise subdued market.

The stock was quoting higher for the eighth straight trading day.

In the past three months, the stock of Laurus Labs has outperformed the market by surging 73% after the company's promoters released most of the pledged shares by selling their stake.

1 2 3
View single page >> |

Disclosure: Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.