Big names such as Reliance Industries, Axis Bank, Maruti Suzuki, and ITC contributed the most to the losses on the Sensex. Yes Bank shares slumped 5.10 per cent or Rs. 3.65 to close at 67.95 on the BSE.
The Bombay Stock Exchange (BSE) building looms over old structures in Mumbai, India. Established in 1875, it is the oldest stock exchange in Asia. (Photo : iStock)
Sensex ended on a lower note on Thursday after trading in the green for the most part of the day. The S&P BSE Sensex closed 166.54 points lower, or 0.45 per cent, at 37,104.28. NSE’s benchmark index Nifty settled at 10,982.80, down 52.90 points or 0.48 per cent from the previous close, breaking its five-day gaining streak.
Thirty-five out of 50 Nifty stocks closed in the negative zone. Analysts awaited the release of macroeconomic data; factory output and retail inflation; due in later in the day.
The Sensex moved in a range of 37,435.15-37,048.67 during the session, whereas the Nifty fell as much as 10,964.95. The index touched a high of 11,081.75.
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Big names such as Reliance Industries, Axis Bank, Maruti Suzuki and ITC contributed the most to the losses on the Sensex. Yes Bank shares slumped 5.10 per cent or Rs. 3.65 to close at 67.95 on the BSE.
The Nifty Auto index closed 1.81 per cent lower. Losses were led by Tata Motors, which closed 3.80 per cent down at Rs. 129.25. Maruti Suzuki, country’s largest carmaker, also fell over 3 per cent to close at Rs. 6,398.75.
Whereas Indiabulls Housing Finance, was the biggest gainer on the Nifty. The private sector lender’s shares closed 2.13 per cent higher at Rs. 402.75 on the BSE. Shares closed 3.64 per cent higher at Rs. 447.15 on the NSE. On the Sensex, ICICI Bank was the major advancer.
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