Business Standard

Market falls in special session, Nifty down 7.20 pts

Related News

The National Stock Exchange (NSE) concluded the on subdued note as investors resorted to profit booking in frontline shares, ending the benchmark CNX-lower by 7.20 points.

The 50-share Nifty moved in a narrow range of 4,759.40 and 4,743.05 before ending at 4,746.90, a modest fall of 7.20 points, or 0.15 per cent, over its previous close.

The special one and half hour session was conducted for the purpose of upgrading the future and options trading system.

The market opened with a modest start and moved in a tight range in the absence of any major retail participation as investors refrained from taking positions, though stock specific action was seen in Saturday's trade.

Banking, and auto counters witnessed profit-taking, while some buying was seen in technology, infra, realty and pharma shares.

PSU shares maintained the rallying trend on disinvestment news. Also a spike was seen in retail related shares on government's FDI decision. JP Associates, Kotak Bank, ICICI Bank, Ambuja Cement, HDFC Bank, HCL Technology, Hindalco, Cipla, Reliance Infra and Bajaj Auto were the top losers from the Nifty. However, DLF, Maruti, GAIL, Ranbaxy, Rcom, BHEL, Grasim, Coal India, Sesa Goa and ONGC ended with gains.

Turnover in cash segment was substantially lower at Rs 1,094.91 crore. A total of 90.46 million shares changed hands in 8,54,429 trades. The market capitalisation stood at Rs 54,06,964 crore.

Read more on:   
|
|
|
|
|
|
|
|
|

Read More

FIIs net buy Rs 624 cr, DIIs net sell Rs 241 cr

Foreign institutional investors (FIIs) were net buyers of Rs 624.10  crore (provisional) today, according to data released by BSE.

Quick Links

 

Market News

Near its 3-year low, is Cairn's stock a steal?

Weak outlook for production as well as crude oil prices and regulatory issues are key concerns that could keep the stock under check

RTI Act remains in limbo for securities market

Stay orders keep law out of citizen access even years after CIC rulings on opening market institutions to scrutiny

Moderating growth, E&P losses dim Bajaj Electricals' prospects

The stock has been under pressure, recording sharp earnings downgrades in recent times

Can a college principal be on liquor company's board?

SES says decision of Indu Shahani, principal of Mumbai's HR College, to become a director of United Spirits raises an 'ethical issue'

US investors elevate India over other emerging markets

US-listed India ETFs have added about $2 billion in net new assets so far

Back to Top