Markets end in red as bulls take a breather

By IANS

Mumbai : The Indian stock markets ended in the red as there was sluggishness seen in frontline stocks. Profit booking was in line with weakness in other global markets.


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The benchmark sensitive index (Sensex) of the Bombay Stock Exchange (BSE) shut shop by losing 144.17 points or 0.72 percent at 19,78.89.

The broader S&P CNX Nifty of the National Stock Exchange (NSE) was down by 25.80 points or 0.43 percent at 5,912 points.

The broader mid-cap and small-cap indices of the BSE showed strength and ended in the green.

The BSE mid-cap scaled up by 1.55 percent or 128.46 points plotting at 8,414.09. The BSE small-cap index also gained 1.88 percent or 188.28 points at 10,227.66.

Asian markets were trading weak on the back of a mixed Wall Street closing. Hang Seng and Singapore’s Straits Times slipped into the red with a loss of over 1.1 per cent each.

The top gainers on the Sensex were Bharti Airtel at Rs.900.10 up by 4.71 percent, ITC at Rs.189.65 up by 3.52 percent and Mahindra & Mahindra at Rs.719.40 climbing 0.55 percent.

The top losers on the Sensex were Reliance Energy at Rs.1,854.15 down by 3.45 percent, Infosys at Rs.1,653.05 down by 3.12 percent and Wipro at Rs.456.45 plunged 3.13 percent.

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