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Markets close down; Infosys, Tata Steel lead losers

Amid weak economic data and lower opening of European markets, domestic benchmark indices closed Thursday’s trading session with declines. The…

Markets close down; Infosys, Tata Steel lead losers

Representational Image (Getty Images)

Amid weak economic data and lower opening of European markets, domestic benchmark indices closed Thursday’s trading session with declines. The BSE Sensex closed 182 points or 0.61 per cent down at 29,461 while the NSE Nifty ended 53 points or 0.57 per cent lower at 9,151.

However, broader markets closed in the positive zone. BSE Midcap and Smallcap indices rose 0.1 per cent and 0.2 per cent respectively.

Among the BSE sectoral indices, Metal index closed with the biggest dip, down 2.8 per cent. IT (down 2.7 per cent), Teck (down 2.6 per cent) and Capital Goods (down 1 per cent) indices were other notable losers. Oil & Gas and Realty indices gained 1 per cent and 0.9 per cent respectively.

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On Wednesday, the BSE Sensex closed 145 points or 0.49 per cent down at 29,643 while the NSE Nifty ended 34 points or 0.36 per cent lower at 9,203.

India's Consumer Price Index (CPI) inflation or retail inflation rose to 3.81 per cent in March from 3.18 per cent during the previous month.

Meanwhile, Country’s Index of Industrial Production (IIP) or factory output slipped by 1.2% on year-on-year basis for the month of February.

Top gainers in the Sensex-30 pack: Sun Pharma (up 1.2 per cent), Power Grid (up 0.9 per cent), Reliance Industries (up 0.8 per cent), M&M (up 0.5 per cent) and ICICI Bank (up 0.5 per cent).

Top losers in the Sensex-30 pack: Infosys (down 3.6 per cent), Tata Steel (down 3.1 per cent), Adani Ports (down 2.6 per cent), TCS (down 2.6 per cent) and Bharti Airtel (down 2.5 per cent).

Meanwhile, the Rupee was trading 27 paise higher at 64.41 against the US Dollar.

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