The Indian Market closed in the negative territory for the fourth straight trading session. The market opened on a firm note backed by tracking the interest rate cut of 50 basis point by the US Federal Reserve but all of a sudden lost the momentum to pare all its initial gains. The after the volatility gripped the market and the market manages to recover from the fall towards the mid of he session but lost the grip towards the end of the session to close in red. The Mid Cap and Small Cap also fell as selling was also seen from these baskets. The BSE Sensex closed lower by 109.93 points at 17,648.71 while NSE Nifty fell by 30.15 points to close at 5,137.45. The BSE Mid Cap and Small Cap indices also closed lower by 62.44 points and 22.44 points at 7,766.62 and 10,124.42 respectively.
BSE Metal index dropped by 93.41 points to close at 15,312.92. Scrips that fell are Bhushan Steel (13.68%), Hindalco Inds (5.88%), Sh. Precoated (4.82%), JSW Steel (4.02%).
BSE Oil & Gas index grew by 20.64 points to close at 10,705.20. Gainers are IOCL (5.49%), HPCL (2.53%), ONGC (2.05%), BPCL (0.86%) and.
BSE Auto index closed up by 20.02 points at 4,832.48 as Exide Inds (8.47%), Bajaj Auto (3.83%), Cummins India (1.70%), Tata Motors (1.44%), Maruti Suzuki (0.72%).
BSE Capital Goods index closed lower by 238.21 points at 16,387.70. Losers are Elecon Eng (6.69%), Thermax Ltd (4.90%), Crompton Greaves (3.98%), Bharat Elec (3.35%) and Siemens (2.83%).
BSE Bankex index fell by 185.95 points to close at 10,713.91. Scrips that fell are PNB (4.61%), Oriental Bank (4.60%), Allahabad Bank (4.35%), Union Bank (3.36%), BOI (3.42%), ICICI Bank (3.31%).
BSE Realty index slipped by 277.13 points to close at 9,871.06. Scrips that lost are Purvankara (9.68%), DLF (5.76%), Omaxe (3.75%), Sobha Developers (3.24%), Unitech (1.89%).
BSE Power index dropped by 81.40 points to close at 3,741.27 as Power Grid (6.05%), Suzlon Energy (3.66%), Torent Power (3.55%), Tata Power (2.86%), NTPC (1.88%), GMR Infra (1.33%).
BSE Metal index dropped by 93.41 points to close at 15,312.92. Scrips that fell are Bhushan Steel (13.68%), Hindalco Inds (5.88%), Sh. Precoated (4.82%), JSW Steel (4.02%).
BSE Oil & Gas index grew by 20.64 points to close at 10,705.20. Gainers are IOCL (5.49%), HPCL (2.53%), ONGC (2.05%), BPCL (0.86%) and.
BSE Auto index closed up by 20.02 points at 4,832.48 as Exide Inds (8.47%), Bajaj Auto (3.83%), Cummins India (1.70%), Tata Motors (1.44%), Maruti Suzuki (0.72%).
BSE Capital Goods index closed lower by 238.21 points at 16,387.70. Losers are Elecon Eng (6.69%), Thermax Ltd (4.90%), Crompton Greaves (3.98%), Bharat Elec (3.35%) and Siemens (2.83%).
BSE Bankex index fell by 185.95 points to close at 10,713.91. Scrips that fell are PNB (4.61%), Oriental Bank (4.60%), Allahabad Bank (4.35%), Union Bank (3.36%), BOI (3.42%), ICICI Bank (3.31%).
BSE Realty index slipped by 277.13 points to close at 9,871.06. Scrips that lost are Purvankara (9.68%), DLF (5.76%), Omaxe (3.75%), Sobha Developers (3.24%), Unitech (1.89%).
BSE Power index dropped by 81.40 points to close at 3,741.27 as Power Grid (6.05%), Suzlon Energy (3.66%), Torent Power (3.55%), Tata Power (2.86%), NTPC (1.88%), GMR Infra (1.33%).
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