Sensex Dips 150 Points, Oil & Gas Tanks 1.8%
Suparna / 03 Jun 2013
The Indian markets continued to make new lows and finally closed in losses. The Nifty dropped 46 points to close the day at 5939 and Sensex closed down by 149 points at 19610.
The Indian markets saw a sell-off after mid-market trades, continued to make new lows and finally closed in losses. The Nifty dropped 46 points to close the day at 5939 and Sensex closed down by 149 points at 19610. Both indices ended in the red, losing 0.78% and 0.76% respectively.
The advance-decline ratio ended on the negative side. On the NSE, 549 shares closed in green and 800 shares were in the red.
Top 5 Nifty Gainers: Infosys closed the day as the top gainer, up by 4.2%. Lupin, Jindal Steel, Reliance Infra and GAIL were the other gainers.
Top 5 Nifty Losers: Hero MotoCorp ended the day lower by 3.7%, followed by Ranbaxy Labs, Asian Paints, Bajaj Auto and ONGC.
9 out of the 13 sectors ended in negatives. Oil & Gas were the top losers, down by 159 points. Auto lost 94 points and Capital Goods were down by 92 points. Only the IT and Metals indices ended in the green, gaining 61 points and 32 points respectively
The major Asian markets closed in the red today. Japan’s Nikkei closed down by 512 points and Hang Seng ended dipped by 109 points. Shanghai Composite, Straits Times and Taiwan Weighted also ended lower.
Buzzers: : Tecpro Systems crashed more than 6%, hitting a new 52-week low of Rs 64.35 despite bagging orders worth Rs 227 crore from Mahanadi Coalfields.
Oil & gas producers Reliance Industries and ONGC are down around 2%.
The country's largest private sector lenders, ICICI Bank and HDFC Bank also slipped between 1%-1.5%.
The Nifty did not manage to hold the 6050 level and closed below the 6000 mark, which is a negative signal.
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.