The markets ended the day in red due to weak global cues and rise in crude oil prices. It was a day of weakness across global markets one of the reasons being rising crude oil prices, Nymex Crude touched all time high above USD 78 a barrel. The Sensex saw a deeper cut as compared to some of its Asian and global peers and closed at 10,678.22 down 180.28 points.
But week on week basis the Sensex was up 1.6% due to the mid week rally propelled by excellent numbers by Infosys.
The Nifty closed at 3123 down 46 points.
The BSE Small Cap Index closed at 5,291.10, down 31.23 points.
The BSE Midcap Index ended at 4,354.08, down 32 points.
All the BSE sectoral indices closed in red. Among the major laggards were metal and capital goods followed by auto, IT and health care.
Markets Today:
Markets end weak in sync with other Asian market on crude hitting $ 78/bbl
Sensex down 1.66% or 180.28 points at 10678.22
Nifty down 1.5% or 47.95 at 3121.35; slips below 3100 during intra-day
All BSE Sectoral Indices end in the red
BSE Metal Index down 2.2%; Hindalco down 4%, SAIL down 2%
BSE Capital Goods Index down 2%; L&T down 2.7%, BEML down 2.58%
ZEE Telefilms hogs limelight; up 5.10% on TDSAT orders
CNX Midcap Index down 0.80% or 30 points; Polaris up 10%
BSE Small Cap Index down 0.59% or 31.23 points; Sonata Software up 14.5%
NSE Advance Decline ratio at 3:5
Total Market wide turnover at Rs 31134.63 cr Vs Rs 28278.59 cr
The BSE Metal Index was down 2.2% at 8,308.93. Hindalco, JSW Steel, Jindal Steel, Sesa Goa and SAIL witnessed selling pressure.
The BSE Capital Goods Index down 2% at 6,943.56. KEC Infrastructure, BEML, Crompton Greave, L&T and Siemens closed lower.
The Auto index closed at 4,540.29 down 1.8%. Tata Motors, Ashok Leyland, Sundaram-Clayto, Asahi India and Bajaj Auto closed lower.
The BSE Consumer Durables Index lost 1.7% at 2,754.99. BPL, Titan Industries, Blue Star and Su-Raj Diamonds lost ground
The BSE IT Index was down 1.6% at 3,934.59. Hexaware Tech, Satyam, I-Flex Solution, Mphasis BFL and Wipro moved down.
The BSE Health care index was down 1.5% at 3,118.21. Wyeth, Aurobindo Pharma, Ranbaxy Labs, FDC, Divis Labs and Aventis Pharma slipped.
The BSE Bankex was down 1.4% at 4,264.39. Bank of India, Bank of Baroda, Oriental Bank, HDFC Bank and Canara Bank were among the losers.
The BSE FMCG Index was down 1.3% at 1,965.23. Colgate, ITC, P&G and Nirma closed in red
The BSE Oil and Gas Index closed down 1.13% at 5,270.29. Kochi Refineries, GAIL, BPCL and HPCL were among the losers.
The NSE cash turnover was at Rs 4926.77 crore and the NSE F&O turnover was at Rs 23602.53 crore. The BSE cash turnover was Rs 2605.33 crore. Total market wide turnover was at Rs 31134.63 crore.
Markets this week
Markets shrugg off mumbai blasts, BoJ IR hike; led by frontline IT stocks
Sensex up 1.6% at 10678.22, Nifty up 1.5% at 3123.35
BSE IT Index up 6%; TCS up 7.3%, Satyam, Wipro up 4% each
BSE Oil & Gas Index up 2%; RIL up 4.6%
BSE Capital Goods, FMCG Indices up over 1% Each
Cement stocks gain ahead of result; Guj Amb up 6.8%, ACC up 5.5%
Index Gainers; Rel Comm up 10%, Cipla up 5.5%
BSE Bank Index down 2.2%; HDFC Bank down 6.25, ICICI Bank down 3%
BSE Auto Index down 2.1%; Hero Honda, Tata Mot Dn 4%, Bajaj Auto Dn 3.3%
CNX Midcap Index ends flat; BSE Small Cap Index up 1%
Sonata Software up 26.4%, D-Link up 24.7%, McDowell up 19%, Escorts up 16.6%
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