Mumbai, Ju1 12 (UNI) The bencmark index of Bombay Stock Exchange
(BSE) slipped on Friday by 86.88 points to end volalitle session on
a negative note at 38,736.23 as investors book profit at higher
level.
The Nifty of National Stock Exchange (NSE) too declined by 30.40
points to 11,552.50.
The Sensex, which had risen by 266 points on Thursday, extended its
gains by 118 points to 38,941.10 in the morning trade but then
erased early gains as volalitlity marred the session.
The Sensex swung in the wild range between 39,021.84 and 38,684.85
points, respectively, and finally closed negative at 38,736.23, down
by 86.88 points as against its last close.
The Nifty registered day's high and low at 11,639.55 and 11,538.60
points, respectively.
The sectoral indices like Capital Goods, Telecom, Industrials,
Bankex and Utilities dragged the market down, however, renewed
buying in Metal, Realty, Technology, IT and Health Care restricted
its further decline, brokers informed.
The broader markets outperformed the Sensex, as the S&P BSE Mid-Cap
index and Small-Cap advanced by 0.41 per cent and 0.16 pc,
respectively.
The market breadth was negative on BSE, as 1,196 shares gained while
1,252 fell and 146 were unchanged.
Overseas, most European markets were trading higher while most Asian
stocks closed on a mixed note on expectations of a rate cut by the
The sectoral indices led by Capital Goods, Telecom, Industrials,
Bankex and Utilities fell by up to 1.22 per cent.
Whereas, Metal, Realty, Technology, IT and Health Care increased by
up to 0.91 pc.
Index pivotals like Reliance Industries and TCS edged higher by up
to 0.32 pc.
While, HDFC Bank declined 0.21 pc.
Private sector banks stocks were under pressure. Axis Bank, AU Small
Finance Bank, Kotak Mahindra Bank and ICICI Bank shed by up to 1.29
pc.
Yes Bank and RBL Bank advanced, rising by up to 1.89 pc.
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