INSUBCONTINENT EXCLUSIVE:
The domestic stock markets ended in the red for the 4th successive day, amid volatility, due to selling pressure in heavyweights such as
The BSE Sensex oscillated in a broad series of almost 900 points between an intra-day low of 60,551 and a high of 61,420 prior to ending the
session at 60,821.50, lower by 101 points or 0.17 per cent and the NSE Nifty ended at 18,114.90, down 63 points or 0.35 per cent
On the sectoral front, the IT, metal, pharma and FMCG indices fell 1-3 percent each.The broader markets also ended at a loss,
under-performing their largecap peers, with the BSE Midcap index shedding 1.1 per cent and the BSE Smallcap index losing 1.2 per cent.The
criteria indices had a gap-up opening on the back of favorable international cues
In a mirror image of the previous session, the markets were unable to sustain their early gains due to the emergence of volatility at higher
levelsOn the stock-specific front, ITC extended its previous day's losses by another 3 per cent to top the losers list on the BSE
Maruti Suzuki, Infosys, NTPC and Tata Steel were the other substantial losers in the BSE pack
On the other hand, choose personal banking and monetary stocks bucked the weak pattern
HDFC, IndusInd Bank, Kotak Mahindra Bank and Axis Bank gained 1-2 percent each on the BSE.And index heavyweight Reliance Industries edged
greater by 0.1 percent at Rs 2627 ahead of its outcomes set up later in the day.The BSE market breath was weak
Out of 3448 stocks traded on the BSE, there were 1315 advancing shares as versus 1983 decreases.
