Markets Close At Lower End, Metals Dip 1.8%
Suparna / 29 Jul 2013
The Indian markets ended on a weaker note this evening as most of the sectors got hammered today. The Nifty ended at 5831, down by 54 points. The Sensex closed at 19,590, down by 154 points.
The Indian markets ended on a weaker note this evening as most of the sectors got hammered today. The Nifty ended at 5831, down by 54 points. The Sensex closed at 19,590, down by 154 points. The indices ended in red, down by 0.93% and 0.78% respectively.
The advance–decline ratio ended on a negative side in the closing session. On the NSE, 1319 shares closed in green, while 1974 shares ended the day in red.
Top Nifty Gainers: Jindal Steel closed the day up by 5.08%, followed by Tata Motors, Sun Pharma, Asian Paints and UltraTech Cement.
Top Nifty Losers: JP Associates closed the day down by 4.6%, followed by IDFC, Sesa Goa, Hindalco and Ambuja Cements.
Almost all the sectors ended in red. FMCG was the top loser, down by 194 points, followed by Bankex and Metals, down by 134 points and 125 points respectively. Oil & Gas also ended on a negative note, down by 103 points. Mid-Caps and Small-Caps were down by more than 45 points.
The Asian markets closed on a negative note. Nikkei closed down by 468 points. Hang Seng also ended on a negative note, down by 118 points. KOSPI and Straits Times ended on a negative note too.
Buzzers: Sun Pharma was trading at Rs 568 at closing after the stock split by 1:1. The stock made a 52-week low at Rs 560.05.
Nifty ended below its technical level of 5850. A similar scenario may persist below this level too.
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