Sensex Sees Some Recovery, BHEL Gains 9%
Suparna / 25 Sep 2013
The Indian markets moved slightly up from the lower end today, but closed in the red. The Nifty ended nominally down by 18 points at 5873 and Sensex was 63 points lower at 19856. BHEL closed the day with the highest gains on the index, up by 9.03%.
The Indian markets witnessed some recovery from the lower end today, but closed in the negative zone. The Nifty ended nominally down by 18 points at 5873 and Sensex was 63 points lower at 19856. Both the indices ended down by 0.32%.
The advance-decline ratio was negative in the closing session. On the NSE, 1522 shares closed in green, while 1810 shares ended the day in red.Top 5 Nifty Gainers: BHEL closed the day with the highest gains on the index, up by 9.03%. Hindalco, Sesa Goa, SBI and NTPC were among the others that ended higher.
Top 5 Nifty Losers: BPCL was the top loser, crashed by 3.1%, followed by Reliance, HDFC Bank, DLF and Mahindra & Mahindra.
Most of the sectoral indices closed in the mixed zone. Bankex dropped 108 points by day’s end, Oil & Gas was down by 116 points and FMCG lost 77 points. On the other hand, the Health Care and Capital Goods indices closed higher by 117 points and 114 points respectively. Metals also moved up by 100 points.
In the Asian markets, Hang Seng was up by 30 points and Nikkei market closed 112 points lower. Shanghai Composite and KOSPI both ended with a negative bias.
Buzzer: BHEL moved up by more than 9% in this volatile scenario. The other Power stocks like NHPC and NTPC also witnessed some positive moves in today’s trading session.
Nifty Futures crossed above the 5850 level and saw a massive recovery from the lower end.
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