Markets close the day in red
Chandrakant / 14 Dec 2011
After opening on a weak note, Indian stock markets remained volatile throughout the day and finally ended in the red zone, with both the indices down 0.78% each. In the last two sessions, markets remained volatile amid negative news flows from across the world, hurting investor confidence.
Concerns regarding high inflation pulled the markets in the negative zone from its day's highs. Negative opening in the European markets, further added to the investors' woes.
| Benchmark Indices | ||
| Index | Closing | % Change |
| SENSEX | 15881.74 | -0.76 |
| NIFTY | 4763.25 | -0.78 |
| Hang Seng | 18354.43 | -0.51 |
| Nikkei | 8519.13 | -0.40 |
| Shanghai | 2228.53 | -0.90 |
| Live | ||
| FTSE | 5460.75 | -0.54 |
| DAX | 5746.11 | -0.49 |
| CAC | 3047.31 | -1.03 |
Asian markets also closed in the red as concerns over the ongoing European debt crisis and the Fed's stance on keeping policy rates unchanged, kept investors worried.
The European markets also extended their early morning losses over the ongoing concerns in the Euro zone. The concerns arose after Germany stood its ground on opposing European leaders planning to raise funds to bailout the region. This sent the negative sentiments zooming across the world. Also, experts in Europe were of the opinion that the bailout fund will not be good enough to contain the debt crisis.
Back home, barring FMCG, all other indices closed in the red (down anywhere between 0.04% to 2.22%). Capital Goods, Auto, Consumer Durables, and PSUs were down, between 1% to 1.5% each. Realty, Metal and Power indices topped the list, with losses around 2% each.
| Sectoral Indices | |||
| Category/Index | Close | Change(Pts) | Change (%) |
| Broad | |||
| MIDCAP | 5,428.01 | -54.19 | -0.99 |
| SMLCAP | 5,869.81 | -48.36 | -0.82 |
| BSE-100 | 8,199.12 | -70.94 | -0.86 |
| BSE-200 | 1,918.63 | -16.75 | -0.87 |
| BSE-500 | 5,998.51 | -52.03 | -0.86 |
| Sectors | |||
| FMCG | 3,999.80 | 8.42 | 0.21 |
| TECk | 3,422.39 | -0.83 | -0.02 |
| IT | 5,806.19 | -9.94 | -0.17 |
| BANKEX | 9,835.37 | -28.23 | -0.29 |
| HC | 5,892.06 | -37.31 | -0.63 |
| OIL&GAS | 7,816.00 | -74.14 | -0.94 |
| CG | 8,978.98 | -115.91 | -1.27 |
| AUTO | 8,260.03 | -130.67 | -1.56 |
| CD | 5,384.41 | -91.98 | -1.68 |
| PSU | 6,571.23 | -112.49 | -1.68 |
| POWER | 1,849.67 | -42.09 | -2.22 |
| METAL | 9,952.99 | -235.99 | -2.32 |
| REALTY | 1,505.56 | -36.88 | -2.39 |
Most of the Sensex shares also closed on negative note, with only a few gainers like Bharti Airtel, JP associate and Wipro (marginally up at 1% each).
The losers included, Coal India, BHEL, DLF, HDFC, M&M, Maruti Suzuki, Sterlite, Tata Power and Tata Steel, down anywhere between 2 - 4% each.
Dow Jones Futures is currently trading 36 points or 0.30% up at 12000, indicating a positive sentiment in the US markets.
The market breadth, indicating the overall health of the market, was negative. Out of 3174 stocks traded, 1904 declined while 1120 stocks advanced. A total of 150 stocks remained unchanged.
| Advance-Decline Table | |||
| Index | Advances | Declines | Unchanged |
| BSE 30 | 5 | 24 | 1 |
| BSE 200 | 48 | 149 | 3 |
| BSE 100 | 22 | 76 | 2 |
| BSE 500 | 125 | 365 | 10 |
| Others | 920 | 1290 | 134 |
In conclusion, we at DSIJ expect the markets to remain volatile as investors continue to feel jittery about markets that fail to provide any concrete direction. We advise our readers to stay cautious.
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.