Amid volatility, the Indian equity indices ended lower, snapping four-day gaining streak on October 8 with Nifty closing below 25,100 amid selling across the sectors barring IT and consumer durables.
Among sectors, except consumer durables (up 0.7), IT (up 1.5%) all other sectoral indices ended in the red with realty, telecom, pharma, oil & gas, media, PSU Bank, auto down 0.3-2%.
Amid mixed global markets, the Indian equity markets started with positive bias and with extended buying Nifty inched closer to 25,200. However, selling at mid-session, erased all the intraday gains to end marginally lower.
At close, the Sensex was down 153.09 points or 0.19 percent at 81,773.66, and the Nifty was down 62.15 points or 0.25 percent at 25,046.15. BSE Midcap index shed 0.7% and Smallcap indices declined 0.4%.
Tata Motors, UltraTech Cement, Jio Financial, ONGC, Trent were among major losers on the Nifty, while gainers were Titan Company, Infosys, TCS, Tech Mahindra and Max Healthcare.
In stock-specific action, Infibeam Avenues shares surged 3% on launching PayCentral.ai, Anant Raj shares fell 5% on launching QIP at floor price of Rs 695.83 per share, Saatvik Green Energy shares added 10% post orders win worth Rs 707 crore, Shringar House of Mangalsutra shares were down 2% despite Q1 profit rise of 67%, Nila Infrastructures share price rose 11% on LoI from Ahmedabad Municipal Corporation, DreamFolks Services share price rose 5% on collaboration with The Card Company.
Tata Motors shares slipped 2.5% after Jaguar Land Rover Q2 wholesales were down 24.2%, Lodha Developers shares fell 1.5% despite Rs 4,570 cr presales in Q2, Titan shares gained 4% post better quarterly numbers, Associated Alcohol and Breweries shares gained nearly 3% on starting manufacturing at Barwaha facility, IIFL Home Finance shares added 3% on appointment ofGirish Kousgi as MD & CEO and Tushar Kotecha as CFO.
More than 120 stocks touched their 52-week high on the BSE, including Aster DM Healthcare, RBL Bank, MRF, Hero MotoCorp, Canara Bank, Gabriel India, Yatra Online, Ather Energy, Timex Group, Indraprastha Medical, Netweb, Inox Green, GRM Overseas, V2 Retail, among others.
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