Sensex, Nifty Close At Lower Ends.

Suparna / 03 Feb 2014

Sensex, Nifty Close At Lower Ends.

The Indian markets witnessed disappointment trading session. Today indices remained on lower side to makes new lows. As a result, the Nifty closed at bottom of today’s session 87 points down by 6001 and Sensex was also points lower by 300 points at 20209.

The Indian markets witnessed disappointment trading session. Today indices remained on lower side to makes new lows. As a result, the Nifty closed at bottom of today’s session 87 points down by 6001 and Sensex was also points lower by 300 points at 20209.

The advance-decline ratio on NSE was negative as the day ended with 1417 shares in green and 1779 shares in the red zone.

Top Nifty Gainers: Lupin gained 4.52% in today’s trade, followed by GAIL, Dr Reddys Labs, Sun Pharma and Cipla.

Top Nifty Losers: Hindalco closed the day lower by 5.57%, followed by JP Associates, Tata Motors, Bajaj Auto and Tata Steel.

Most of the sectoral indices also closed on negative note. Auto and Metals indices witnessed tanked around 250 points each. Bankex, IT and Oil & Gas also hammered by 150 points each. Mid-Caps and Small-Caps closed on negative note. However only Health Care saw a upward movement. 

On the Asian markets front, the Nikkei market closed in negative territory, down by 295 points. Hang Seng also closed on negative note down by 106 points. KOSPI and Shanghai Composite closed on negative note as well.  

Buzzer: Hindalco lost more than 5% on the bourses today and closed above the technical level of Rs 110. If the stock remains below this level, it may touch the Rs 97 mark in the next few sessions.

Nifty Futures closed below the technical level of 6050, which is the negative indicator for next trading session.

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