Activity in the F&O market for the weekly expiry on April 13 shows bearishness in the market. 

On Thursday, the benchmark indices ended lower for the third consecutive session, ahead of the RBI policy outcome on Friday. 

BSE Smallcap index closed in the red territory at the 29,474.70 level, down by 0.75 per cent.

The domestic equity benchmarks extended losses for the third session on Thursday. Among all sectors, only BSE FMCG, Bankex, Healthcare, and Realty ended on a positive note. Most of the European shares ascended whereas many Asian shares declined on Thursday. The NSE's India VIX, a gauge of market volatility went down by 0.13 per cent to 19.00 levels.

Among sectoral indices, except for Bankex and Realty, most BSE sectoral indices ended in red

Among the sectoral indices, Nifty Pharma closed marginally higher while the rest of the indices closed lower.

Dr Lal PathLabs Ltd, Godrej Consumers and Hindustan Aeronautics are today’s mid-day movers gaining more than 2 per cent since the market opened.   

The sugar industry as a whole is trending due to robust exports. Also, the government has extended the date for loan disbursement for domestic ethanol projects.

The US markets namely, Dow Jones and NASDAQ were down by 0.40 per cent & 2.2 per cent, respectively. Invesco plans to sell a 7.8 per cent stake in Zee via block deals. Bandhan Bank, ChrysCap, and GIC teamed up to buy IDFC Mutual Fund for Rs 4,500 crore. Meanwhile, ‘Tata Neu’, the country’s first super app is set to launch today. The buyers outnumbered sellers to show positivity in the market. On BSE, 2,018 shares rose and 1,196 shares fell. The FIIs sold shares worth Rs 2,279.97 crore while the DIIs bought shares worth Rs 622.92 crore on April 6.

 NSE and BSE listed KBC Global has moved up by almost 300 per cent in the last three years.