In Tuesday’s closing report we had mentioned that Nifty, Sensex may give up some gains. Today up to 2.00pm the benchmarks moved sideways near to Tuesday’s close. After that, the indices moved higher to hit the day’s high however could not sustain there for long and gave up the gains to close marginally higher.
The indices had risen for six consecutive trading days before falling on Tuesday. The markets were closed on Wednesday for Eid-ul-Fitr.
The 30-scrip Sensex of the BSE, which opened at 27,209.97 points, closed at 27,201.49 points - up 34.62 points or 0.13% from the previous close at 27,166.87 points.
The wider 51-scrip Nifty of the National Stock Exchange (NSE) rose by 1.95 points or 0.02%, at 8,337.90 points.
The Sensex touched a high of 27,288.22 points and a low of 27,146.95 points during the intra-day trade.
Technology stocks, including those in media and entertainment space, came under selling pressure with their sectoral indices losing over 1.5%, even as the indices for fast-moving consumer goods, healthcare and banking sectors closed with gains.
Lupin was the top gainer among the Sensex stocks, with a rise of 6.25% at Rs 1,657.30, followed by Hindustan Lever (up 3.03% at Rs 917.35), Dr. Reddy (up 2.25% at Rs 3,525.15) and HDFC up 2.51% at Rs 1,290.95.
Tata Steel was the top loser, down 4.92% at Rs 317.65, followed by Tata Consultancy, down 2.16% at Rs 2,429.05, Coal India, down 1.96% at Rs 315.45 and Adani Ports, down 1.84% at Rs 210.40.
The top gainers and top losers of the major indices are given in the table below:
The closing values of the major Asian indices are given in the table below: