Sensex Ends Day 200 Points Lower
DSIJ Intelligence / 12 Sep 2013
The Indian markets remained under selling pressure till the closing session today. The Nifty closed the day lower by 62 points at 5850 and Sensex was down 215 points at 19781.
The Indian markets remained under selling pressure from the opening of trades till the closing session today. Negative sentiment streamed in from Europe, with the announcement of lower-than-expected industrial production data. The Nifty closed the day lower by 62 points at 5850 and Sensex was down 215 points at 19781. Both the indices ended lower by around 1.05%.
The advance-decline ratio turned negative after mid-session, with 1603 advances and 1704 declines on the NSE by closing.
Top 5 Nifty Gainers: Tata Power was the top gainer for today’s session, up by 4.14%, followed by IDFC, ITC, GAIL and Ranbaxy Labs.
Top 5 Nifty Losers: JP Associates ended lower by 11.4% today. IndusInd Bank, BHEL, Tata Steel and Hero MotoCorp were the others in the list.
11 out of 13 sectoral indices ended negative. Bankex was the top loser, down heavily by 218 points. The Metals and Auto indices were down by 215 points and 199 points respectively. Oil & Gas also lost 145 points. Mid-Caps ended nominally down by 2 points and Small-Caps were 13 points higher.
The global sentiment saw no change, as the Hang Seng ended marginally higher by 16 points and Nikkei was 37 points lower.
Buzzer: IndusInd Bank fell by 5.4% as it saw profit booking at the higher levels. The stock dropped below the technical level of Rs 400. If it remains below this level, it may touch Rs 375 in the next few trading sessions.
Nifty Futures saw some correction at the higher level but closed around 5850. Tomorrow’s open will decide its further moves.
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.