F&O Expiry: Sensex, Nifty end lower; Tata Motors dips 5% ahead of Q1 nos
The BSE Sensex closed at 37,831 level, down 17 points, or 0.04%. The broader Nifty50, too, shed 19 points, or 0.17%, to settle at 11,252 levels.
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Markets ended July Futures & Options (F&O) series below 38,000-mark at the S&P BSE Sensex and below 11,300 at the NSE Nifty50. Indices ended Thursday's volatile session in the red with corporate earnings and F&O contract expiry guiding the markets' trajectory throughout the day.
The S&P BSE Sensex closed at 37,831 level, down 17 points, or 0.04 per cent with Tata Motors, Bajaj Finance, Reliance Industries, and Tata Steel being the top laggards. On the other hand, Vedanta, Sun Pharma, IndusInd Bank and Axis Bank were at the higher end of the spectrum. The broader Nifty50, too, shed 19 points, or 0.17 per cent, to settle at 11,252 levels.
In the broader market, the S&P BSE MidCap closed 73 points, or 0.53 per cent, higher at 13,783 levels, while the S&P BSE SmallCap slipped 12 points, or 0.09 per cent, to end at 13,031 levels.
Sectorally, most of the indices ended in the green barring auto, metal and public sector bank indices. Nifty Pharma index gained the most and ended the day with gains of 2.31 per cent, followed by Nifty Media index, up 1.14 per cent. On the contrary, Nifty Metal and Nifty PSB indices slipped 0.83 per cent each at close.
GLOBAL CUES
Asia managed to overcome a cautious start to finish modestly higher. Japan’s Nikkei touched a near three-month high though Australia stole the glory as it ended near a 12-year peak after its central bank chief had stressed interest rates could continue to fall.
Nikkei index closed 0.22 per cent higher while South Korea's Kospi settled 0.38 per cent lower.
(With inputs from Reuters)
(With inputs from Reuters)
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Top gainers and losers on the S&P BSE Sensex
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CLOSING BELL
The S&P BSE Sensex ended 17 points or 0.04 per cent lower at 37,831 levels while the Nifty50 index ended at 11,252, down 19 points or 0.17 per cent.
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Topics : Nifty Markets Sensex Sensex and Nifty MARKET WRAP
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First Published: Jul 25 2019 | 7:21 AM IST