Nifty ends down 6 points on mixed trade

After a day of carnage in domestic equity markets, benchmark Nifty opened on a positive note today, but fell later to end over 6 points down on weakness in banking and auto counters.
It was a mixed trading session, with metal, realty and energy being the gainers, while banking, financial, and auto stocks were the major draggers.
At the overseas market, European stocks reversed initial gains, while Chinese stocks edged lower in choppy trade amid worries about how Chinese regulators would address the market volatility and potential selling by big shareholders.
US stocks closed sharply lower yesterday, weighed by renewed concerns of global economic slowdown and increased tensions in the Middle East.

The 50-share Nifty resumed higher at 7,828.40 and hovered in a range of 7,831.20 and 7,763.25 before closing at 7,784.65, showing a marginal loss of 6.65 points, or 0.09 per cent.
On the sectoral front, metal climbed by 3.20 per cent, followed by realty (1.83 per cent), energy (1.02 per cent) and media (0.83 per cent).

However, PSU Bank dropped by 1.39 per cent, followed by IT
(0.29 per cent), auto (0.23 per cent) and FMCG (0.20 per cent).
Mid-cap and small-cap indices outperformed the Nifty to rise by 0.87 and 0.84 per cent, respectively.
Major gainers were Tata Steel (6.77 per cent), Vedanta Ltd (3.88 per cent), GAIL (3.46 per cent), Hindalco (2.29 per cent), Asian Paints (2.25 per cent), Cairn (1.81 per cent) and ONGC (1.58 per cent).

Key losers included Bank of Baroda (2.05 per cent), PNB(1.95 per cent), SBI (1.34 per cent), Coal India (1.33 per cent), HUL (1.29 per cent) and Adani Ports (1.26 per cent).
Turnover in cash segment rose to Rs 17,657.69 crore from Rs 17,179.35 crore yesterday.
A total of 14,100.76 lakh shares changed hands in 78,65,865 trades. The market capitalisation of NSE stood at Rs 97,52,723 crore.