Indian stock markets ended the day negatively on Wednesday (July 16) on the back of heavy selling pressure witnessed in realty, auto, metal, banking and power stocks.

After opening the day at 12,740.78 (July 16), the 30-share Index, Sensex continued to trade strongly due to sustained buying action across the board.

Afterwards, the index lost all its strength and slipped into the negative terrain.

Midcap and Smallcap index turned down 1.46% and 1.66% respectively.

After ending the week with a loss of 456 points on Friday (July 11) at 13,469.85, the 30-share index, Sensex today (July 14) opened negatively at 13,322, down 142 points as investors brace for another round of monetary contraction after inflation climbed up to around 12%, and a mixed Asian market providing little comfort.

Stock market analyst, Vishwas Agarwal warned the investors to stay away from the stock market as it is trading in a negative mood.

Mr. Agarwal strongly recommends the investors to adopt wait and watch policy.

Today, the 30-share index, Sensex, continued to trade weak and touched a low of 13731.54. Reality, IT and Banking stocks led the declines.

Midcap and Smallcap declined 0.81% and 0.74% respectively

At 10.57 am, the BSE Sensex declined 149.92 points at 13,956.66, while NSE Nifty stood at 4,173.00, down 18.1 points.

Indian equities, on Thursday (June 19), ended the day on a weak note following its Asian counterparts and negative reactions in the US markets.

Asian stocks saw a negative trend, led by auto makers and technology companies influenced by US slow down and decline in the dollar value.

The Sensex ended the day with a loss of 334.32 points at 15,087.99, while the broad-based Nifty closed the day at 4,504.25, down 78.15 points.

Stock market analyst Vishwas Agarwal said that the support levels for the BSE Sensex are set at 15,150, 14,950, and 14,750.

India’s benchmark index, Sensex closed down 85.83 points at 16,698.04, whereas Nifty ended at 5022.80 down by 26.50 points on Wednesday (April 23).

The markets yesterday were range bound and choppy with the majority of index stocks ended on a flat note. The banking and metal stocks led the declines, whereas Textile and Sugar stocks gained.
The overall market breadth was mixed as it experienced 1,426 advancements as against 1,297 declinations.

Stock market analyst, Vishwas Agarwal is of the view that BSE above 16,786 level is good for trading with a downside target of 16,555- 16,350 and an upside of 17,150- 17,350.

Tracing strong global cues, India’s benchmark index, Sensex rallied further on Monday (April 21).

Worldwide markets gained on speculation that the credit market losses at the banks will be over and as better than expected results by Caterpillar boosted confidence in machinery producers.

Metal, banking and consumer durable stocks paced the rally in India.

The 30-share index Sensex marked its closure at 16,739.33 after gaining 258.13 points, whereas the broad-based NSE Nifty ended at 5,037, up 78.60 points.