Nifty snap 3-day winning streak, down 12 points

NSE Nifty ended 12 points down after rallying for the previous three consecutive days.
Sell-off in realty, infra, energy, media, PSU Banks, pharma and IT were seen which dampened the market sentiments but FMCG, auto, metal and some pvt banks limited the downslide. Subdued Q1 GDP and Jly core industries data also weighed on the market sentiments.
In overseas markets, most European stocks were trading higher as bank and mining shares advanced. Asia stocks ended mixed despite better-than-expected China PMI data.
The 50-share Nifty opened higher at 8,793.60 and hovered between 8,813.25 and 8,759.95, before finishing at 8,774.65, showing a marginal fall of 11.55 points or 0.13 per cent from its last close. It witnessed an intra-day movement of about 53.30 points.

On sectoral front, Realty fell by (2.09 per cent) followed by Infra (1.68 pct), Energy (1.33 pct), Media (1.12 pct) and PSU Bank (0.76 pct).
However, FMCG gained by 0.47 pc, Auto 0.43 pc, Fin Service 0.34 pc, Metal 0.30 pc and Pvt Bank 0.18 pc.

Notable Index laggards were Idea (10.49 percent), Bharti Airtel (6.27 per cent), Reliance (2.91 per cent), Bhel (2.62 per cent), BPCL (2.62 per cent), AuroPharma (2.32 per cent), InfraTel (1.92 per cent) and Wipro (1.56 per cent).
While, gainers included GAIL (2.04 per cent), HDFC (1.37 per cent), Coal India (1.35 per cent), Lupin (1.32 per cent), Tata Steel (1.22 per cent) and ICICI Bank (1.20 pc).

A total of 1,071 scrips declined, 555 advanced, while 64 remained unchanged. Total securities that hit their price bands were 117.
Turnover in cash segment fell by Rs 20,927.37 crore from Rs 37,944.36 crore as on Wedneday.
A total of 11,757.24 lakh shares changed hands in 81,32,253 trades. The market capitalisation of NSE stood at Rs 1,08,73,699.94 crore.