Post Session: Sensex, Nifty end in red; consumer durables, metal stocks drag:21/10/2016 16:25
The Indian benchmark indices ended tad lower on Friday, led by losses in consumer durables and metal stocks, tracking muted cues from Asian peers. The market sentiment was further dented by weak earnings report from Reliance Industries which reported a 23 per cent decline in its second quarter consolidated net profit.
The 30-share BSE SENSEX closed at 28077.18, down by 52.66 points or by 0.19 per cent, and the NSE Nifty ended at 8693.05, down by 6.35 points or by 0.07 per cent.
Shares of ACC fell over 3 per cent after the cement maker reported a drop of 29 per cent in its consolidated net profit at Rs 81.07 crore for the third quarter ended September 30, 2016.
During the day’s trade, the BSE Sensex touched intraday high of 28163.41 and intraday low of 27957.92, while the NSE Nifty touched intraday high of 8709.1 and intraday low of 8652.05.
The top losers of the BSE Sensex pack were Axis Bank Ltd. (Rs. 526.60,-2.26%), Reliance Industries Ltd. (Rs. 1064.40,-2.21%), Cipla Ltd. (Rs. 582.75,-2.07%), Housing Development Finance Corporation Ltd. (Rs. 1336.50,-1.66%), Asian Paints Ltd. (Rs. 1153.50,-1.17%), among others.
On the flip side, Hindustan Unilever Ltd. (Rs. 851.10,+1.26%), Tata Consultancy Services Ltd. (Rs. 2428.70,+1.20%), HDFC Bank Ltd. (Rs. 1270.35,+1.19%), Dr. Reddy's Laboratories Ltd. (Rs. 3108.85,+1.08%), Wipro Ltd. (Rs. 499.20,+0.75%), were among top gainers on BSE.
On the sectoral front, consumer durables and metal stocks were among top losers on BSE, falling as much as 1.7 per cent and 0.62 per cent respectively.
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The 30-share BSE SENSEX closed at 28077.18, down by 52.66 points or by 0.19 per cent, and the NSE Nifty ended at 8693.05, down by 6.35 points or by 0.07 per cent.
Shares of ACC fell over 3 per cent after the cement maker reported a drop of 29 per cent in its consolidated net profit at Rs 81.07 crore for the third quarter ended September 30, 2016.
During the day’s trade, the BSE Sensex touched intraday high of 28163.41 and intraday low of 27957.92, while the NSE Nifty touched intraday high of 8709.1 and intraday low of 8652.05.
The top losers of the BSE Sensex pack were Axis Bank Ltd. (Rs. 526.60,-2.26%), Reliance Industries Ltd. (Rs. 1064.40,-2.21%), Cipla Ltd. (Rs. 582.75,-2.07%), Housing Development Finance Corporation Ltd. (Rs. 1336.50,-1.66%), Asian Paints Ltd. (Rs. 1153.50,-1.17%), among others.
On the flip side, Hindustan Unilever Ltd. (Rs. 851.10,+1.26%), Tata Consultancy Services Ltd. (Rs. 2428.70,+1.20%), HDFC Bank Ltd. (Rs. 1270.35,+1.19%), Dr. Reddy's Laboratories Ltd. (Rs. 3108.85,+1.08%), Wipro Ltd. (Rs. 499.20,+0.75%), were among top gainers on BSE.
On the sectoral front, consumer durables and metal stocks were among top losers on BSE, falling as much as 1.7 per cent and 0.62 per cent respectively.
