Markets end in the red after a volatile day
Chandrakant / 04 Jan 2012
After having a volatile day, the Indian markets ended with marginal losses, with both indices down by 0.30%. Mixed global cues from the Asian and European markets today lead to the volatility.
The Asian markets closed the day on a mixed note. The Nikkei was up by 1.22% after a holiday, while the Hang Seng and Shanghai ended with losses of 0.82% and 1.42% respectively.
European markets opened on a negative note today, halting their 4-day rally ahead of the bond sale by Germany and Portugal. Also, the Euro zone banks fell on the back of concerns that the debt crisis is spreading. However, the London market index, FTSE, regained some of its early losses and is trading in the green zone.
Dow Jones Futures is currently trading 2 points or 0.02% up at 12340, indicating a positive sentiment in the US markets.
| Benchmark Indices | ||
| Index | Closing | % Change |
| Sensex | 15882.64 | -0.36 |
| Nifty | 4749.65 | -0.33 |
| Hang Seng | 18727.31 | -0.80 |
| Nikkei | 8560.11 | 1.22 |
| Shanghai | 2169.39 | -1.38 |
| Live | ||
| FTSE | 5702.15 | 0.04 |
| DAX | 6138.06 | -0.46 |
| CAC | 3225.91 | -0.60 |
Back home, among the sectoral indices, CG and PSU continue to lead with gains of 1.73% and 1.10% respectively. PSU stocks were up ahead of the Cabinet meeting on the disinvestment policy. Other indices like Pharma, Metals, Power and Bankex remained positive, with marginal gains between 0.45%-0.69%. All the others were down between 0.33%-1.21%. The Auto index remains the top loser, down by 1.21%.
| Sectoral Indices | |||
| Category/Index | Close | Change(Pts) | Change (%) |
| Broad | |||
| MIDCAP | 5,264.86 | 8.84 | 0.17 |
| SMLCAP | 5,691.37 | 5.60 | 0.10 |
| BSE-100 | 8,143.22 | -20.06 | -0.25 |
| BSE-200 | 1,901.86 | -3.12 | -0.16 |
| BSE-500 | 5,934.43 | -7.96 | -0.13 |
| Sectors | |||
| PSU | 6,731.03 | 114.42 | 1.73 |
| CG | 8,551.33 | 92.69 | 1.10 |
| BANKEX | 9,643.49 | 66.50 | 0.69 |
| METAL | 9,886.78 | 61.77 | 0.63 |
| POWER | 1,853.96 | 10.38 | 0.56 |
| HC | 5,974.35 | 27.05 | 0.45 |
| REALTY | 1,424.25 | -4.65 | -0.33 |
| OIL&GAS | 7,738.21 | -37.57 | -0.48 |
| IT | 5,924.92 | -29.20 | -0.49 |
| FMCG | 4,004.72 | -21.01 | -0.52 |
| CD | 5,410.11 | -36.63 | -0.67 |
| TECk | 3,470.25 | -30.89 | -0.88 |
| AUTO | 8,102.04 | -98.94 | -1.21 |
Index heavyweights BHEL and Tata Motors continued to lead the 30-share Sensex, and ended the day with gains of more than 2.44% and 3.38% respectively. Most of the Sensex stocks ended in the negative zone, down between 0.3%-4.25% each.
The market breadth, which indicates the overall health of the market, was positive. On the BSE, 1666 shares rose and 1362 shares fell. A total of 134 shares remained unchanged.
| Advance-Decline Table | |||
| Index | Advances | Declines | Unchanged |
| BSE 30 | 12 | 18 | 0 |
| BSE 200 | 105 | 94 | 1 |
| BSE 100 | 50 | 50 | 0 |
| BSE 500 | 246 | 250 | 4 |
| Others | 1253 | 950 | 129 |
In conclusion, we expect the markets to remain volatile as investors are very jittery about investing in 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.