After touching a record high for the third consecutive day the market closed in the fall. With weak European signals and tremendous beating of giant stocks heavy selling is seen in the market in the last hour. Sensex and Nifty are closed down 0.5 percent. Today, Sensex built the upper level of 28294, Nifty jumped to the upper level of 8455.65.
Midcap and smallcap stocks were also beaten. BSE Midcap and Smallcap indices were down 0.5 percent. While today metal, Power, Oil & Gas, Consumer Durables and realty stocks made the most pressure on the market. The BSE Metal index closed down more than 2 percent. However, the trend of the IT and pharma stocks shown little buying.
The BSE 30-share index Sensex finally leading with 130 points, i.e 0.5 percent closed at 28033 level. Sensex touched the low of the day was 27963.5. While the 50-share index NSE Nifty leading index fell 43.6 points, i.e 0.5 percent closed at 8382.3. Nifty touched a low of 8360.5 today.
In today's session, Tata Steel, JSPL, Cairn India, GAIL, Sesa Sterlite, BHEL and Tata Motors like luminaries share fell from 3.2 to 2.3 percent. However, Dr Reddy's, HCL Tech, DLF, Zee Entertainment, Tech Mahindra, HUL, HDFC, Bajaj Auto and Bharti Airtel like giant shares jumped from 2.6 to 0.9 percent are closed.
Midcap stocks like Vaibhav Global, DB Realty, Petronet LNG,Triveni Turbine and Gateway Distrparks most broke from 11.6 to 4.9 percent. Smallcap stocks Asian Star, Sudarshan Chem, GATI, Matra Kaushal and SV global fallen most from 9.5 to 6.6 percent.
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