Market Ends Week On Depressive Note

BSE SensexThe 30-share index opened flat at 14,129.89 and then lost its power and started trading negatively. In the mid-noon trades, the index continued to trade in a negative zone and closed lower. Stocks from oil & gas, automobile and metal led the declines.
In contrast, Asian stocks heaved after increase in metals prices that pushed metal stocks towards the upward direction and US productivity data exhibited better-than-expected growth.
The BSE Sensex ended the day at 13,934.27, after losing 143.94 points while Nifty closed at 4,117.35, down 33.5 points.
Out of the total 2,667 shares, 1,130 boosted, 1,453 turned down while 84 remained on their previous places.
Among the sectoral indices, BSE Bankex rejected 0.14%, BSE Auto slumped 0.14 %, BSE IT 0.82%, BSE Oil & Gas fell 1.26% and BSE Metal declined 0.19%.
The leaders on the index were Cipla, Hindalco Industries, ACC, ONGC, Reliance Energy and Bajaj.
The losers’ list consists of Housing Development Finance Co., Reliance, L&T, Bharti Airtel, ICICI Bank and Satyam Computer.
Reliance petrochemical led the volume trades around 5.54 million shares, which is being followed by IDBI with 1.88 million shares, and Infra DevFin with 1.18 million shares.




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