Mon, Jun 3, 2013 at 16:00 PM
Markets closed lower, tracking weak global cues.
Markets after opening positive slipped into negative zone continued to trade lower due to selling pressure in Oil & Gas and Banking sectors shares, amid weak global cues. Sensex closed down by 149.82 points or 0.76% at 19,610.48 after opening up by 98.92 points or 0.50% at 19,859.22 and touched a high of 19,860.19 and a low of 19,541.97 while Nifty ended down by 46.65 points or 0.78% at 5,939.30 after opened up by 11.40 points or 0.19% at 5,997.35 and touched a high of 6,011.00 and a low of 5,916.35 in the day.
Sectoral wise, barring IT, Realty and Metal indices which close positively up by 0.93%, 0.85% and 0.54%, all other indices ended down with Oil & Gas index leading the list dropped by 1.97% followed by indices like, Auto fell by 1.02%, Power, Capital Goods, Consumer Duables, PSU and Bankex declined between 1%-0.50%, Healthcare index was down by 0.28% while FMCG almost flat down by 0.08%. From the broader markets index closed positive up by 0.33% and Small-cap index flat negatively down by 0.07%.
Major stock gainers were, Infosys surged up by 4.42%, Jindal Steel & Power Limited rose up by 2.25%, Tata Steel Limited, Gail (India), State Bank of India and Bharti Airtel Limited gained between 2%-1%, Dr Reddys Laboratories and Mahindra & Mahindra gained up by 0.98% and 0.83%, Coal India Limited up by 0.37 while Tata Motors Limited marginally up by 0.11%.
Major stock losers were, Hero Motocorp and Bajaj Auto dropped by 3.65% and 3.32%, ONGC, Sun Pharmaceuticals, HDFC, Maruti Suzuki and Reliance Industries Limited declined betwen 3%-2%, Tata Consultancy Services, HDFC Bank Limited, BHEL, NTPC, Tata Power Company, ITC and Larsen & Toubro fell between 2%-1%, Sterlite Industries Limited, ICICI Bank Limited, Hindalco Industries Limited and Cipla Limited slipped down between 1%-0.50%, Wipro Limited declined by 0.28% while Hindustan Unilever fell marginally by 0.06%.
Overall market breadth was negative with 1,307 shares declined compared to 1,013 shares advanced while 131 shares remained unchanged.
