The market today from lower level has steady comeback but continues 5th day ended with weakness. Poor global clues and selling by FII investments in early trading Nifty slipped below the psychological level of 8000. Today Sensex broken 26469.42 to the lower levels, the Nifty was dropped to 7961.35.
Metal and Oil & Gas buying helped the market recover. However Pharma, auto, realty, consumer Durables and FMCG stocks selling pressure on the market. In the midcap and smallcap stocks there was the selling trends. BSE Midcap and Smallcap index fell 0.6 and 1.1 percent.
The BSE 30-share index Sensex finally with 71.3 points, i.e 0.25 percent fall closed at 26710 level. While the NSE 50-share index Nifty fell 37.8 points, i.e 0.5 percent closed at 8029.8.
During today's session DLF, Asian Paints, Kotak Mahindra Bank, Cipla, Cairn India, Hero Moto, Bharti Airtel, ITC and Sun Pharma like giants are broken from 4 to 2.2 percent. However, Sesa Sterlite, ONGC, NMDC, SBI, Hindalco and GAIL like legendary shares closed with strength of 3.8 to 1 percent.
In midcap stocks Tilak Finance, PMC Fincorp, BF Utilities, KEC International and Apollo Tyres have fell most from 11.2 to 7 percent. Smallcap stocks like Visagar Polytex, Rolateners, Ganesh Housing, PC Jeweller and Ram Urban most weakened from 11.1 to 6.7 percent.
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