Indices Closed In Negative Note, IT Dives
Suparna / 05 Dec 2014
Indian markets witnessed some profit booking in today’s trade on the last day of December first week. Today IT and HealthCare stocks saw downfall of 200 points each from previous close. While Oil & gas, Bankex and Auto indices too closed in negative territory. In today’s trading session, the Nifty ends down by 26 points at 8538 and Sensex closed 104 point down at 28458.
Indian markets witnessed some profit booking in today’s trade on the last day of December first week. Today IT and HealthCare stocks saw downfall of 200 points each from previous close. While Oil & gas, Bankex and Auto indices too closed in negative territory. In today’s trading session, the Nifty ends down by 26 points at 8538 and Sensex closed 104 point down at 28458.
The advance-decline ratio on NSE was on the negative side as the day ended with 1379 shares in green and 1585 shares in the red zone.
Top Nifty Gainers: DLF gained 4.78% in today’s trade, followed by Ambuja Cement, PNB, M&M and ITC.
Top Nifty Losers: Wipro closed the day lower by 2.34%, followed by Dr Reddys Labs, tech Mahindra, BPCL and TCS.
Most of the sectoral indices closed on a negative note. HealthCare and IT stocks nosedived in today’s trade and were down by more than 200 points each. Followed by Capital Goods and Oil & Gas also were closed in negative territory down by 70 points each. Bankex, Auto and Mid-Caps were ends on negative bias. However FMCG and Consumer Durables stock end on positive territory up by 91 points and 27 points respectively.
All the major Asian markets closed the day on a positive note. The Hang Seng index witnessed positive closing by 170 points, followed by Nikkei closed in positive territory up by 33 points. Straits Times and Shanghai Composite Index closed in positive territory.
Buzzer: DLF was up by more than 4.75% on the bourses today and closed near the technical level of Rs 160. If the stock opens above this level, it may touch the Rs 170/180 mark in the next few sessions.
Nifty Future hovered around 8550 level. Going ahead, 8480/8440 levels will be the immediate support on intraday chart.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.