Nifty ends below 8,150, down 14 pts

Image
Press Trust of India Mumbai
Last Updated : Dec 16 2016 | 6:22 PM IST
The Nifty 50-share index eased 14.15 points to breach below the 8,150-mark weighed down by metal, banks, FMCG and infra sectors.
However, auto, IT and media stocks capped the downslide.
Overseas, European stocks gained strength amid volatility. Asian indices ended on a positive note owing to subdued trading as traders chose to hold off further bets ahead of the weekend.
Back home, the Nifty opened higher at 8,178.20 and moved in a range of 8,178.70 and 8,127.45 before ending at 8,139.45, showing a fall of 14.15 points or 0.17 per cent.
It saw an intra-day movement of about 51.25 points.
On sectoral front, Metal fell by 1.55 per cent tracking decline in copper prices followed by FMCG (0.76 pct), Pvt Bank (0.64 pct), bank (0.48 pct) and PSU bank (0.43 pct).
However, auto gained by 0.39 per cent followed by IT 0.27 per cent and Media 0.25 per cent.
Major index laggards were Hindalco (3.35 per cent), UltraCemCo (2.66 per cent), BhartiAirTel (2.57 per cent), ONGC (2.30 percent), Bhel (2.03 percent) and Grasim (1.80 percent).
The gainers included TataMotors (2.15 per cent), Infratel (1.30 percent), Infosys (1.29 per cent), Eicher Motors (1.13 per cent) and TCS (1.03 per cent).
A total of 992 scrips declined 597 advanced while 82 remained unchanged. Total securities that hit their price bands were 85.
Turnover in the cash segment rose to 18,133.91 crore from Rs 17,108.61 crore as on Thursday.
A total of 7,818.05 lakh shares changed hands in 7,747,065 trades. The market capitalisation of NSE stood at Rs 10,463,002.22 crore.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 16 2016 | 6:22 PM IST

Next Story