Market Ends On A Weak Note Despite Firm Trading

Today, the Bombay Stock ExchangeBSE Sensex ended on a flat note after hitting a new high of 15,114.95. Lastly, it settled at 15,009.88 after losing 35.85 points, whereas the NSE Nifty ended the day at 4,406.05, down 13.35 points.

After opening at 15,100.13 in the morning trade, the BSE Sensex continued to trade solidly. Afterward it lost power and slid into the negative territory, touching a low of 14,966.40. The stocks from auto and IT were in the public interest, whereas cement stocks led the diminutions.

Asian stocks also fell after escalating Japanese Yen and Australian Dollar pushed exporters lower. Toyota Motor, the world’s biggest automaker by market value, together with Australian CSL that earns major revenues from US, chaired the declines.

There were 1,170 advancements as against 1,467 declinations on the BSE counter.

Among the sectoral indices, BSE Auto ascended 1.16%, BSE IT arose 0.81%, BSE Realty climbed 0.59%, while BSE Bankex rejected 0.92%, BSE FMCG slumped 0.29% and BSE Consumer Goods passed up 1.10%.

The leaders on BSE were Tata Motors, which climbed 4.03% to Rs 744.55, Maruti ascended 2.38% to Rs 813 and Hindustan Unilever grew 1.61% to Rs 198.50. The gainers’ list also includes Infosys, Tata Steel and Mahindra & Mahindra.

Losers’ at the BSE consist of Reliance Comm. That rejected 1.76% to Rs 542.65, HDFC Bank slumped 1.73% to Rs 1,147.85 and ITC turned down 1.48% to Rs 153.45. Grasim, Ambuja Cement and SBI were among the other losers.

On the BSE volume chartbusters, Arvind Mills showed the highest volumes list with 6.95 million shares being traded, which is being followed by Dena Bank with 3.20 million shares, DLF with 2.38 million shares and Reliance Petroleum with 1.84 million shares.




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