Equities markets end in the red


Mumbai : Indian equities markets closed flat Wednesday due to sustained selling pressure on key sectoral indices. Capital goods, realty, banking and public sector undertaking stocks ended the day in the red.

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The Bombay Stock Exchange (BSE) started the day in positive zone but soon slipped into the red. It bounced back for a while early afternoon but then fell again to end the day at a loss.

The 30-share benchmark index of the BSE, the Sensex, opened at 17,404.15 points and touched a high of 17,413.81 before closing at 17,339.31. Compared to Tuesday’s close, it went down by 33.70 points or 0.19 percent.

The S&P Nifty index of the National Stock Exchange (NSE), which opened at 5,156.70 points, closed at 5,135.50. It went down by 9.15 points or 0.18 percent from its previous close.

The BSE Midcap index, which closed at 7,201.576 points, went down by 28.74 points or 0.40 percent.

The BSE Smallcap index, which closed at 8,727.17 points, went down by 22.07 points or 0.25 percent.

The market breadth was negative. On BSE, 1,163 shares advanced, 1,538 declined and 64 maintained status quo.

The top gainers of the day included TCS at Rs.966.20 up 3.02 percent, Mahindra and Mahindra at Rs.673.85 up 1.48 percent and Infosys at Rs.1843.20 up 1.26 percent.

The top losers of the day included BHEL at Rs1783.75 down 4.21 percent, Bharti Airtel at Rs.815.80 down 3.64 percent and DLF at Rs.651 down 2.54 percent.