Markets end on a negative note
Indian broad market indices, which opened on flat note and traded in the positive terrain till the afternoon session, witnessed sell-off in the last leg of trading and entered into the negative terrain and ended on a negative note.
The BSE Sensex and NSE Nifty ended at 37,114.88 and 11144.95, down by 203.65 and 77.10 points respectively. Among Sensex's 30 stocks, there were only 5 stocks which closed in the green. The laggards in the Sensex were Yes Bank and Tata Motors, which tanked more than 8 per cent. Also, BSE Smallcap and Midcap ended 0.45 per cent and 0.67 per cent lower, respectively.
The top gainers in Nifty were Bajaj Finance, up by 4.38 per cent, Eicher Motors, up by 4.11 per cent, Indian Oil Corp., up by 1.74 per cent, UPL which was up by 1.55 per cent and Bajaj Finserv, up by 1.15 per cent.
On Wednesday, most of the Asian markets ended on a positive note as the US President Donald Trump hinted at the possibility of a trade deal with China in future. In contrast, the US and European index futures are currently trading in the negative terrain.