Business
Sensex, Nifty end marginally lower in a choppy trade
Mumbai, May 19
In a roller coaster ride within a
band of nearly 300 points, a key Indian equities index swung both ways
on Tuesday but ended marginally lower with a loss of 42 points or 0.15
percent.
The 30-share Sensex, which opened at 27,663.08 points,
closed at 27,645.53 points -- down 41.77 points, or 0.15 percent, over
the previous trading day's close at 27,687.30 points. It touched a high
of 27,872.23 points and a low of 27,574.07 points in Tuesday's trade.
The wider Nifty of the National Stock Exchange also closed 8 points or 0.10 percent lower at 8365.64 points.
"Key
benchmark indices took a pause, amid a volatile session of trade, as
they sought to digest the stupendous gains witnessed in the previous
session," brokerage firm Sharekhan said.
In Tuesday's trade, good buying was observed in IT sectors, while selling pressure was seen in auto and oil and gas sectors.
Among
the 12 sector-specific indices of the Mumbai bourse, IT index got
augmented by 0.73 percent, while auto index went down by 0.77 percent
and oil and gas index fell by 0.45 percent.
The 100-scrip and
200-scrip indices were down by 0.07 percent and 0.03 percent,
respectively. Mid-cap index was lower by around 0.15 percent, while
small-cap stocks ended 0.36 percent higher.
The major Sensex
gainers on Tuesday were: Hero MotoCorp, up 2.16 percent at Rs.2,575.10;
Wipro, up 1.65 percent at Rs.552.85; Vedanta Limited, up 1.49 percent at
Rs.214.85; and Infosys, up 1.33 percent at Rs.2,018.15.
The
losers were: HDFC, down 2.04 percent at Rs.1,237.10; Tata Motors, down
1.95 percent at Rs.510.10; ONGC, down 1.54 percent at Rs.316.80; and
Bajaj-Auto, down 1.02 percent at Rs.2,199.25.
Among the Asian
markets, Japan's Nikkei went up by 0.68 percent, China's Shanghai
Composite Index ended 3.15 percent higher, and Hong Kong's Hang Seng was
higher by 0.37 percent.
In Europe, London's FTSE 100 went up by
0.40 percent, France's CAC 40 increased by 1.55 percent, and Germany's
DAX Index was higher by 1.71 percent at the closing in the Indian
markets.