Nifty down 19 points in volatile trade, global cues

The benchmark Nifty continued to declined further by 19 points witnessing high volatility during the second half of the trading session, after extending gains in mid-afternoon trade, dragged by PSU banks, pharma, realty, auto and metals stocks, amid weakness in global cues.
In overseas stock markets, European stocks edged lower in volatile trade after the latest data showed slowdown in economic activity in the eurozone this month. Earlier during the global day, Asian stocks ended on a mixed note with Japan's Nikkei falling 0.5 pct on strong yen vs US dollar.
The 50-share Nifty resumed higher at 7,813.95 and moved in a range of 7,820.60 and 7,722.20 before closing at 7,731.05, showing a loss of 18.65 points or 0.24 per cent from its last close.

On the sectoral front, PSU Bank fell by (1.66 pct), Pharma (1.01 pct), Realty (0.97 pct), IT (0.87 pct), Media (0.73 pct), Auto (0.67 pct) and Metal (0.53 pct).
However, FMCG was the only gainers up by 2.41 percent.
Among the Index losers, Lupin dropped by 2.64 pct followed by Tata Steel 2.82 pct, Bank of Baroda 2.41 pct, ONGC 2.32 pct and Cipla 1.91 pct.

While, ITC rose by 4.99 pct, Powergrid 2.31 pct, Tata Power 1.80 pct, Ambuja Cement 1.80 pct and Adaniport 1.77 pct.
Turnover in cash segment rose to Rs 14,600.95 crs from Rs 14,398.94 crs last Friday. A total of 7,295.74 lakh shares changed hands in 65,47,105 trades.

The market capitalisation of NSE stood at Rs 93,63,511 crore.