After touching a record high for 3 consecutive days, there is little pressure in the market today. Inflation and IIP's good data is ignored by the market. Sensex and Nifty are closed after falling 0.25 percent.
In Midcap and smallcap stocks selling is dominated today. The oil & gas, realty, metal and banking stocks led selling pressure on the market. Although IT, pharma and consumer durables stocks were in buying trends.
The BSE 30-share index Sensex finally fell 68 points, i.e 0.25 percent closed at 27940 level. While the NSE 50-share index Nifty fell 25.5 points, i.e 0.3 percent closed at 8358 levels.
In today's session BPCL, Cairn India, NMDC, Sesa Sterlite, Tata Power, ONGC, GAIL and Hero Moto like giant shares fell from 4.5 to 1.5 percent. However, HCL Tech, Infosys, Power Grid, Lupin, Tech Mahindra, Dr Reddy's, Bharti Airtel, Bajaj Auto and Wipro like giant shares strengthened by 2.4 to 0.5 percent.
In Midcap stocks Bajaj Electric, Max India, DCM Shriram, Fortis Health and Ikra broke off the most from 11.4 to 4.7 percent. Smallcap stocks KGN Enterprises, Dishman Pharma, Signet Industries, Nahar Spinning and Uzzas energy fallen most from 19.5 to 8.3 percent.
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