Indices Close At Lower End, DLF Down By 5%
The markets continued to witness its profit booking trade in today’s session. Most of the indices closed in the negative territory. However Consumer Durables, FMCG and Health Care closed on a positive note. The 50 share Nifty index closed down by 41 points at 7748 and the Sensex ended the day at 25991, down by 135 points.
The advance-decline ratio on NSE was on the negative side as the day ended with 1730 shares in green and 1835 shares in the red zone.
Top Nifty Gainers: HUL gained 3.47% in today’s trade, followed by HCL Tech, Cairn India, PNB and BHEL.
Top Nifty Losers: DLF closed the day lower by 5.08%, followed by Coal India, BPCL, Ambuja Cement and UltraTech Cement.
Most of the sectoral indices closed on a negative note. Metals tanked by 199 points, followed by Bankex, Oil & Gas and Capital Goods, which witnessed a negative trade, down by 100 each. However safe sectors like Consumer Durables, FMCG and Health Care closed on the higher end.
All the major Asian markets closed the day on a positive note. Hang Seng closed up by 212 points, whereas Nikkei index closed up by 71 points. KOSPI and Shanghai also closed in the positive territory.
Buzzer: HUL was up by more than 3.47% on the bourses today and closed near the technical level of Rs 690. If the stock opens above this level, it may touch the Rs 710/725 mark in the next few sessions.
Nifty Future closed giving a bearish indicator in daily charts as it closed below the technical level of 7750. Going ahead 7680/7650 will act as vital support levels.